Cogent Communications Holdings, Inc. (CCOI) Dividends
Dividend Yield and Dividend History Highlights
- CCOI's trailing 12 month dividends has averaged an annual growth rate of 5.42%.
- CCOI reports a compound annual dividend growth rate of 0.22% over the past 5.5 years.
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -0.89 -- higher than 70.69% of other dividend issuers in the US.
- As for stocks whose price is uncorrelated with CCOI's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: ESP, AIMC, LND, UPS and NATH.
CCOI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $81.62 | $118.92 | 93.31% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of CCOI, the dividend discount model StockNews created for the company implies a positive return of 93.31%. Digging deeper, the aspects of Cogent Communications Holdings Inc's dividend discount model that we found most interesting were:
- Compared to other US stocks that pay a dividend, Cogent Communications Holdings Inc's dividend yield of 5.56% is in the top 11.59%.
- Beta, a measure of volatility relative to the stock market overall, is lower for Cogent Communications Holdings Inc than it is for 8.33% of other dividend issuers in the Communication Services sector.
- As other dividend issuers in the Communication Services sector, Cogent Communications Holdings Inc has an equity discount rate lower than 8.33% of them.
CCOI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-22 | Dividend | $0.99 | +1.03% |
| 2024-05-22 | Dividend | $0.98 | +1.04% |
| 2024-03-14 | Dividend | $0.97 | +1.05% |
| 2023-11-22 | Dividend | $0.96 | +1.06% |
| 2023-08-23 | Dividend | $0.95 | +1.07% |
| 2023-05-17 | Dividend | $0.94 | +1.08% |
| 2023-03-09 | Dividend | $0.93 | +1.09% |
| 2022-11-17 | Dividend | $0.92 | +1.10% |
| 2022-08-17 | Dividend | $0.91 | +2.84% |
| 2022-05-12 | Dividend | $0.88 | +2.92% |
| 2022-03-08 | Dividend | $0.86 | +3.01% |
| 2021-11-18 | Dividend | $0.83 | +3.11% |
| 2021-08-19 | Dividend | $0.81 | +3.21% |
| 2021-05-13 | Dividend | $0.78 | +3.31% |
| 2021-03-11 | Dividend | $0.76 | +3.42% |
| 2020-11-19 | Dividend | $0.73 | +3.55% |
| 2020-08-20 | Dividend | $0.71 | +3.68% |
| 2020-05-21 | Dividend | $0.68 | +3.03% |
| 2020-03-12 | Dividend | $0.66 | +3.13% |
| 2019-11-21 | Dividend | $0.64 | +3.23% |
| 2019-08-22 | Dividend | $0.62 | +3.33% |
| 2019-05-16 | Dividend | $0.60 | +3.45% |
| 2019-03-07 | Dividend | $0.58 | +3.57% |
| 2018-11-15 | Dividend | $0.56 | +3.70% |
| 2018-08-16 | Dividend | $0.54 | +3.85% |
| 2018-05-16 | Dividend | $0.52 | +4.00% |
| 2018-03-08 | Dividend | $0.50 | +4.17% |
| 2017-11-16 | Dividend | $0.48 | +4.35% |
| 2017-08-16 | Dividend | $0.46 | +4.55% |
| 2017-05-16 | Dividend | $0.44 | +4.76% |
| 2017-03-08 | Dividend | $0.42 | +5.00% |
| 2016-11-18 | Dividend | $0.40 | +5.26% |
| 2016-08-17 | Dividend | $0.38 | +2.70% |
| 2016-05-18 | Dividend | $0.37 | +2.78% |
| 2016-03-08 | Dividend | $0.36 | +2.86% |
| 2015-11-18 | Dividend | $0.35 | +2.94% |
| 2015-08-19 | Dividend | $0.34 | -19.05% |
| 2015-05-20 | Dividend | $0.42 | +20.00% |
| 2015-03-09 | Dividend | $0.35 | +12.90% |
| 2014-11-24 | Dividend | $0.31 | +3.33% |
| 2014-08-27 | Dividend | $0.30 | +76.47% |
| 2014-05-28 | Dividend | $0.17 | -56.41% |
| 2014-03-05 | Dividend | $0.39 | +5.41% |
| 2013-11-25 | Dividend | $0.37 | +164.29% |
| 2013-09-03 | Dividend | $0.14 | +7.69% |
| 2013-05-29 | Dividend | $0.13 | +8.33% |
| 2013-02-28 | Dividend | $0.12 | +9.09% |
| 2012-11-19 | Dividend | $0.11 | +10.00% |
| 2012-08-20 | Dividend | $0.10 | -- |
| 2005-03-24 | Split |
CCOI Dividends vs. Peers
CCOI's dividend yield currently ranks #29 of 43 vs. its peers in the Telecom - Domestic category.
Looking for More Information on CCOI dividends?
Want to do more research on Cogent Communications Holdings Inc's dividends? Try the links below:Cogent Communications Holdings Inc Common Stock (CCOI) Dividend History | Nasdaq
Dividend History for Cogent Communications Holdings Inc (CCOI) - Dividend Investor
Cogent Communications Holdings Inc (CCOI) Dividend History - Seeking Alpha