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Is Rogers Stock On An Incline? Declares 39.5 Cents per Share Quarterly Dividend

If you look at their last quarterly earnings Rogers Communications certainly is not at tip top shape or where Founder Ted Rogers would like to see the company, however things might be on the upswing.  Yesterday the company announced a 39.5 dividend per share.

The quarterly dividend will be paid on October 3, 2012 to shareholders of record on September 14, 2012, and is the third quarterly dividend to reflect the increased $1.58 per share annualized dividend level.  Such quarterly dividends are only payable as and when declared by Rogers’ Board and there is no entitlement to any dividend prior thereto.

No word yet on what they attribute the dividend to for this quarter.

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