CCOI Cogent Communications Holdings dividend history, payout ratio & dates

1. Stocks
2. Communication Services
3. NASDAQ: CCOI
4. Dividend

Cogent Communications Holdings's latest quarterly cash dividend of $0.965 per share was issued to shareholders on record before Mar 14, 2024. The dividend distribution stands at $3.8 per share annually, which comes to a dividend yield of 6.02%. The latest CCOI dividend of $0.965 is an increase from the previous $0.955 payout, representing a growth of 1%.

Key dates

• CCOI last dividend date: Mar 14, 2024
• CCOI next dividend date: Not announced

Cogent Communications Holdings's dividend yield of 6.02% is above the Communication Services sector and the industry average. In comparison with its Communication Services sector average of 3.49%, Cogent Communications Holdings's dividend yield is 72% higher. The historical 5-year average of CCOI's dividend yield is 4.8%, which is lower than the current yield.

Cogent Communications Holdings has been paying dividends for the last 12 years. Our records show that CCOI has distributed four quarterly dividends in the past year. The annualized dividend per share has grown by 4.8% since twelve months ago. And with the price of the stock down by 9% from a year ago, the dividend yield has grown by 16%.

Recent dividends

Payout ratio

Cogent Communications Holdings's payout ratio of 14.1% is below the Communication Services sector and the industry average. Compared to its Communication Services sector average of 40.1%, Cogent Communications Holdings's payout ratio is 65% lower.

Total amount of dividends paid per financial year (from cash flow)