Cogent Communication (CCOI) Raises Quarterly Dividend 12.8% to $0.22; 1.5% Yield

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Go back to Cogent Communication (CCOI) Raises Quarterly Dividend 12.8% to $0.22; 1.5% Yield

Cogent Communications Reports First Quarter 2022 Results, Increases its Regular Quarterly Dividend on its Common Stock by $0.025 and Appoints CFO

April 29, 2022 10:48 AM EDT

Financial and Business Highlights

Effective April 29, 2022 Sean Wallace resigned his position as Cogent's Chief Financial Officer and will remain with Cogent to assist with the transition through Friday May 6th. Thaddeus ''Tad" Weed, Cogent's Senior Vice President of Audit & Operations, has been appointed to again serve as Cogent's Chief Financial Officer. Cogent approved an increase of $0.025 per share to its regular quarterly dividend for a total of $0.880 per share for Q2 2022 as compared to $0.855 per share for Q1 2022 Cogent's thirty-ninth consecutive quarterly dividend increase. The Q2 2022 $0.880... More