Cogent Communication (CCOI) Raises Quarterly Dividend 5% to $0.42; 4% Yield
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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