Rogers Comm. B Dividend yield




   CAD/share 
 Price  59.15
 Dividend  2.00
 Earnings  3.34
 Cash-flow  8.57
 Book value  19.08
 Equity  18.87

Rogers Comm. B is part of Mobile Telecommunications business, which is part of Telecommunications industry. Rogers Comm. B is a company from Canada, and his stocks are publicly traded.

Rogers Comm. B paid a total dividend of 788 million CAD last year, for a market value of 23,305 millions (Market Cap 20,687 millions). Dividend per share of Rogers Comm. B is 2.00 CAD, and his stock market price 59.15 CAD.

According to the chart below, where dividend yield is displayed, Rogers Comm. B has a dividend yield of 3.38%, which is similar to the amount offered by both the market average and companies from Canada. However, it is lower than the average of Telecommunications industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Rogers Comm. B dividend yield with other Mobile Telecommunications companies or firms from Canada.

Dividend yield of Rogers Comm. B

Rogers Comm. B Dividend Payout

About the ability of Rogers Comm. B to maintain his current dividend of CAD 2.00 per share, an amount that accounts for 3.38%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Rogers Comm. B payout on ernings is currently 59.88%, which is higher than the market average, and companies of Telecommunications industry, which are 39.27% and 53.55% respectively. Both figures show that Rogers Comm. B can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Rogers Comm. B is CAD 8.57 per share, which is higher than the dividend per share paid by the company of CAD 2.00, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Rogers Comm. B, compared againt world market average, Canada companies, Telecommunications industry and Mobile Telecommunications sector companies.

Rogers Comm. B payout

Rogers Comm. B Dividend History

Year Yield  CAD  Paypout  Shares* 
Present3.38%2.0059.88%394
20203.37%2.0047.62%394
20193.10%2.0047.73%402
20182.74%1.9255.65%402
20173.00%1.9298.46%402
20163.70%1.9260.38%403
20153.73%1.9262.54%403

*In millions

Rogers Comm. B Stock performance

Finally, last moth Rogers Comm. B showed a return of -8.00% compared to a worldwide -1.33% average, and a 1.22% of Telecommunications firms. Over the last year, the company obtained a 12.00% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Canada and Mobile Telecommunications firms.

Rogers Comm. B stock and market return