Rogers Communications (TSE:RCI) Director David Alan Robinson Purchases 675 Shares

Rogers Communications (TSE:RCIGet Free Report) Director David Alan Robinson purchased 675 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The stock was bought at an average price of C$50.88 per share, with a total value of C$34,344.68. Following the transaction, the director now owns 675 shares of the company’s stock, valued at C$34,344.68.

Rogers Communications Stock Performance

Rogers Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 9th will be given a dividend of $0.50 per share. The ex-dividend date is Monday, December 9th. This represents a $2.00 annualized dividend and a dividend yield of ∞.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered Rogers Communications from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 25th.

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