Cogent Communication (CCOI) Raises Quarterly Dividend 5% to $0.42; 4% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- Wall St mixed as benchmark Treasury yields reach 5%, oil takes a pause
- Oil slides following outreach to Iran to limit Houthis actions in Red Sea
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Cogent Communications Reports Fourth Quarter and Full Year 2016 Results and Increases Regular Quarterly Dividend on Common Stock
February 23, 2017 7:00 AM ESTWASHINGTON, Feb. 23, 2017 /PRNewswire/ --Â
Financial and Business Highlights
Cogent approves a 5.0% increase of $0.02 per share to its regular quarterly dividend to $0.42 per common share to be paid on March 24, 2017 to shareholders of record on March 10, 2017 Service revenue for Q4 2016 increased by 2.2% from Q3 2016 to $115.6 million and on a constant currency basis increased from Q3 2016 by 2.9% Service revenue for Q4 2016 increased by 9.9% from Q4 2015 and on a constant currency basis increased from Q4 2015 by 10.2% Service revenue for 2016 increased by 10.6%... More