Photo by Mario Caruso on Unsplash
Rogers Communications Inc (RCI) was founded in 1960 and is headquartered in Toronto, Canada.
The company provides telecommunications services through Wireless, Cable, and Media.
Three key data points gauge Rogers Communications Inc (or any dividend paying entity):
(1) Price
(2) Dividends
(3) Returns
Those three keys also indicate if any company has made, is making, and will make money.
RCI Price
Rogers Communications’ single share price increased $11.05 (or over 43.25%) from $25.54 to $36.59 in the past year, per Wednesday’s opening market report.
Seventeen analysts cover the stock and their one year price target is set at $41.63 (that is up $5.09).
However, a twenty-three year price history for RCI reports an annual gain of $1.30.
Averaging the two pricing numbers shows a $3.20 amount, which I’ll use to calculate returns after I discuss dividends.
RCI Dividends
Rogers Communications has paid variable annual dividends quarterly basis since January 2007. The forward looking March 2026 dividend of $0.37 indicates a $1.48 annual payout for the coming year.
RCI Returns
Putting it all together, as of April 24, a possible gross gain of $4.68 was projected by the $3.20 per share calculated annual gain added to the $1.48 annual dividend estimate.
A little over $1000 invested at Wednesday’s $36.59 share price would buy 27.3 shares which multiply the $4.68 gross gain to $127.90 for the coming year.
A $44.70 dividend from your $1k investment contributes about 35% to that estimated upside gain.
One dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is more than the cost of a single share.
RCI’s annual $44.70 dividend from $1K invested is about 22% more than its $36.59 single share price.
The exact track of Rogers Communications’ future share price and dividend will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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