Cogent Communications Holdings Approved a Q1 FY24 Dividend/Share of $0.965 Vs $$0.955/Share for Q4 FY23
Portfolio Pulse from Benzinga Newsdesk
Cogent Communications Holdings has announced an increase in its quarterly dividend to $0.965 per share for Q1 2024, up from $0.955 per share in Q4 2023. This marks the forty-sixth consecutive quarterly dividend increase for the company.
February 29, 2024 | 12:05 pm
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Cogent Communications Holdings has increased its quarterly dividend to $0.965 for Q1 2024, up from $0.955 in Q4 2023.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. Cogent's consistent history of dividend increases further strengthens this perception, likely leading to a positive short-term impact on its stock price.
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