Cogent Communications Holdings's latest quarterly cash dividend of $0.935 per share was issued to shareholders on record before May 17, 2023. The dividend distribution stands at $3.68 per share annually, which comes to a dividend yield of 6%. The latest CCOI dividend of $0.935 is an increase from the previous $0.925 payout, representing a growth of 1.1%.
Cogent Communications Holdings's dividend yield of 6% is above the Communication Services sector and the industry average. In comparison with its Communication Services sector average of 3.52%, Cogent Communications Holdings's dividend yield is 70% higher. The historical 5-year average of CCOI's dividend yield is 4.6%, which is lower than the current yield.
Cogent Communications Holdings has been paying dividends for the last 11 years. Our records show that CCOI has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 9% since twelve months ago. And with the price of the stock up by 1.9% from a year ago, the dividend yield has grown by 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 17, 2023 | Jun 2, 2023 | May 3, 2023 | $0.935 | normal |
| Mar 9, 2023 | Mar 24, 2023 | Feb 22, 2023 | $0.925 | normal |
| Nov 17, 2022 | Dec 2, 2022 | Nov 2, 2022 | $0.915 | normal |
| Aug 17, 2022 | Aug 31, 2022 | Aug 4, 2022 | $0.905 | normal |
| May 12, 2022 | May 27, 2022 | Apr 29, 2022 | $0.88 | normal |
| Mar 8, 2022 | Mar 25, 2022 | Feb 23, 2022 | $0.855 | normal |
| Nov 18, 2021 | Dec 3, 2021 | Nov 4, 2021 | $0.83 | normal |
| Aug 19, 2021 | Sep 3, 2021 | Aug 4, 2021 | $0.805 | normal |
| May 13, 2021 | May 28, 2021 | Apr 28, 2021 | $0.78 | normal |
| Mar 11, 2021 | Mar 26, 2021 | Feb 24, 2021 | $0.755 | normal |
| Nov 19, 2020 | Dec 4, 2020 | Nov 4, 2020 | $0.73 | normal |
| Aug 20, 2020 | Sep 4, 2020 | Aug 5, 2020 | $0.705 | normal |
| May 21, 2020 | Jun 5, 2020 | May 6, 2020 | $0.68 | normal |
| Mar 12, 2020 | Mar 27, 2020 | Feb 26, 2020 | $0.66 | normal |
| Nov 21, 2019 | Dec 9, 2019 | Nov 5, 2019 | $0.64 | normal |
| Aug 22, 2019 | Sep 9, 2019 | Aug 7, 2019 | $0.62 | normal |
| May 16, 2019 | May 31, 2019 | May 1, 2019 | $0.6 | normal |
| Mar 7, 2019 | Mar 29, 2019 | Feb 20, 2019 | $0.58 | normal |
| Nov 15, 2018 | Nov 30, 2018 | Oct 31, 2018 | $0.56 | normal |
| Aug 16, 2018 | Aug 31, 2018 | Aug 1, 2018 | $0.54 | normal |
| May 16, 2018 | Jun 1, 2018 | May 2, 2018 | $0.52 | normal |
| Mar 8, 2018 | Mar 26, 2018 | Feb 21, 2018 | $0.5 | normal |
| Nov 16, 2017 | Dec 4, 2017 | Nov 1, 2017 | $0.48 | normal |
| Aug 16, 2017 | Sep 1, 2017 | Aug 2, 2017 | $0.46 | normal |
| May 16, 2017 | Jun 2, 2017 | May 3, 2017 | $0.44 | normal |
| Mar 8, 2017 | Mar 24, 2017 | Feb 22, 2017 | $0.42 | normal |
| Nov 18, 2016 | Dec 9, 2016 | Oct 31, 2016 | $0.4 | normal |
| Aug 17, 2016 | Sep 9, 2016 | Aug 3, 2016 | $0.38 | normal |
| May 18, 2016 | Jun 7, 2016 | May 4, 2016 | $0.37 | normal |
| Mar 8, 2016 | Mar 24, 2016 | Feb 23, 2016 | $0.36 | normal |
Cogent Communications Holdings's payout ratio of 1,672.7% is above the Communication Services sector and the industry average. Compared to its Communication Services sector average of 46.7%, Cogent Communications Holdings's payout ratio is 3,482% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CCOI Cogent Communications Holdings Inc | 5.96% | $3.68 | 1,672.7% |
| CSCO Cisco Systems Inc | 3.07% | $1.53 | 54.6% |
| SHEN Shenandoah Telecommunications Co | 0.42% | $0.08 | N/A |
Yes, Cogent Communications Holdings has paid four dividends in the last twelve months. CCOI has been paying dividends since 2012.
CCOI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2023.
Cogent Communications Holdings's last regular dividend was on May 17, 2023 (ex-date) with the amount of $0.935 per share.
CCOI has paid dividend of $3.68 per share in the last year.
Cogent Communications Holdings's current dividend yield is 6%.
Cogent Communications Holdings has a quarterly dividend frequency.
Cogent Communications Holdings's dividend payout ratio is 1,672.7%.
Cogent Communications Holdings's dividend yield is higher than the Communication Services sector average.