Rogers Communications Declares 50 Cents per Share Quarterly Dividend
TORONTO, April 23, 2025 — Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) is excited to announce that its Board of Directors has approved a quarterly dividend of 50 cents per share on its outstanding Class B Non-Voting shares and Class A Voting shares. This decision reflects the company's ongoing commitment to return value to its shareholders.
Details of the Dividend Declaration
The declared Quarterly Dividend will be distributed to shareholders of record on June 9, 2025, with payment set for July 3, 2025. It is important to note that dividends are not guaranteed and are paid only upon declaration by the Board, which ensures that the financial health of Rogers is prioritized.
Dividend Reinvestment Plan
In addition to receiving cash dividends, shareholders have the option to reinvest their dividends into additional Class B Shares through Rogers’ Amended and Restated Dividend Reinvestment Plan. This plan allows shareholders to purchase shares either from the open market or directly from the company's treasury, depending on the Board's discretion. Notably, in this instance, Class B Shares will be acquired on the open market at no discount, enhancing the value provided to shareholders.
Accessibility of Plan Information
A detailed copy of the Dividend Reinvestment Plan, outlining its terms and conditions, is readily available through various channels, including the Rogers corporate website and their designated Plan agent. This transparency demonstrates Rogers' dedication to keeping investors informed about their options and the company's strategies moving forward.
About Rogers Communications Inc.
Rogers is recognized as a leading communications and entertainment company in Canada, publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the tickers TSX: RCI.A, TSX: RCI.B, and NYSE: RCI. The company plays a crucial role in providing innovative services and staying connected with communities across the nation.
For more information about Rogers and its initiatives, please visit their official corporate website or the investor relations page.
For any further inquiries, you can contact Investor Relations at 1-844-801-4792 or via email at investor.relations@rci.rogers.com.
Frequently Asked Questions
What is the amount of the declared dividend by Rogers Communications?
The Board of Directors has declared a dividend of 50 cents per share for both Class A and Class B shares.
What are the key dates associated with this dividend announcement?
Shareholders will receive dividends on July 3, 2025, with the record date set for June 9, 2025.
Does Rogers have a Dividend Reinvestment Plan?
Yes, shareholders can reinvest their dividends into additional Class B Shares through the company's Dividend Reinvestment Plan.
How can shareholders access the details of the Dividend Reinvestment Plan?
Details of the plan are available on the Rogers corporate website and from their Plan agent.
Where is Rogers Communications publicly traded?
Rogers Communications shares are traded on the Toronto Stock Exchange and the New York Stock Exchange.
