Cogent Communication (CCOI) Raises Quarterly Dividend 2.8% to $0.37; 3.8% Yield
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Cogent Communications Reports First Quarter 2016 Results and Increases Regular Quarterly Dividend on Common Stock
May 5, 2016 7:01 AM EDTWASHINGTON, May 5, 2016 /PRNewswire/ -- Â
Financial and Business Highlights
Cogent approves a 2.8% increase of its regular quarterly dividend to $0.37 per common share to be paid on June 7, 2016 to shareholders of record on May 20, 2016 Service revenue for Q1 2016 increased by 3.0% from Q4 2015 and on a constant currency basis, increased by 3.0% from Q4 2015 Service revenue for Q1 2016 increased by 11.4% from Q1 2015 and on a constant currency basis increased by 12.2% from Q1 2015 EBITDA, as adjusted, for Q1 2016 increased by 14.2% to $35.6 million from $31.2 million for Q1 2015 There were 2,271... More