Rogers Communications (TSE:RCI) – Equities researchers at Desjardins decreased their FY2019 earnings per share (EPS) estimates for shares of Rogers Communications in a note issued to investors on Wednesday, July 24th. Desjardins analyst M. Yaghi now anticipates that the company will earn $4.54 per share for the year, down from their previous estimate of $4.56. Desjardins currently has a “Buy” rating on the stock.
Separately, Echelon Wealth Partners raised shares of Rogers Communications from a “hold” rating to a “buy” rating in a research note on Wednesday.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 9th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of ∞.