Rogers Stock To Go Ex-dividend Tomorrow (RCI)

NEW YORK ( TheStreet) -- The ex-dividend date for Rogers Communications (NYSE: RCI) is tomorrow, March 15, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $39.79 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for Rogers has been 332,500 shares per day over the past 30 days. Rogers has a market cap of $16.06 billion and is part of the technology sector and telecommunications industry. Shares are up 3.3% year to date as of the close of trading on Tuesday.

Rogers Communications Inc. operates as a communications and media company in Canada. The company's Wireless segment provides retail and business voice and data wireless communications services. It operates a global system for mobile communications and general packet radio service network. The company has a P/E ratio of 14.3, above the average telecommunications industry P/E ratio of 13.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Rogers as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full Rogers Ratings Report.

See our dividend calendar or top-yielding stocks list.
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