Rogers Communications (TSE:RCI – Get Rating) – Analysts at Desjardins boosted their FY2023 earnings per share (EPS) estimates for Rogers Communications in a research note issued on Monday, April 3rd. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings of $4.67 per share for the year, up from their prior forecast of $4.50. Desjardins currently has a “Hold” rating on the stock.
A number of other research analysts have also recently issued reports on RCI. TD Securities boosted their target price on Rogers Communications from C$78.00 to C$80.00 in a research note on Tuesday. National Bank Financial decreased their target price on Rogers Communications from C$78.00 to C$76.00 in a research note on Monday.
Rogers Communications Price Performance
Rogers Communications Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, April 3rd. Stockholders of record on Friday, March 10th were issued a $0.50 dividend. The ex-dividend date of this dividend was Thursday, March 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞.
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