Cogent Communications Holdings, Inc. (CCOI) Dividends

Cogent Communications Holdings, Inc. (CCOI): $52.36

1.09 (-2.04%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

C

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Industry: Telecom - Domestic

Industry

D

Ranked

#13 of 17

in industry

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 Ex-Dividend Date
CCOI Dividend Yield
7.30%
CCOI Annual Dividend
$3.90
CCOI Payout Ratio

CCOI Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$52.36$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
2024-05-22Dividend$0.98+1.04%
2024-03-14Dividend$0.97+1.05%
2023-11-22Dividend$0.96+1.06%
2023-08-23Dividend$0.95+1.07%
2023-05-17Dividend$0.94+1.08%
2023-03-09Dividend$0.93+1.09%
2022-11-17Dividend$0.92+1.10%
2022-08-17Dividend$0.91+2.84%
2022-05-12Dividend$0.88+2.92%
2022-03-08Dividend$0.86+3.01%
2021-11-18Dividend$0.83+3.11%
2021-08-19Dividend$0.81+3.21%
2021-05-13Dividend$0.78+3.31%
2021-03-11Dividend$0.76+3.42%
2020-11-19Dividend$0.73+3.55%
2020-08-20Dividend$0.71+3.68%
2020-05-21Dividend$0.68+3.03%
2020-03-12Dividend$0.66+3.13%
2019-11-21Dividend$0.64+3.23%
2019-08-22Dividend$0.62+3.33%
2019-05-16Dividend$0.60+3.45%
2019-03-07Dividend$0.58+3.57%
2018-11-15Dividend$0.56+3.70%
2018-08-16Dividend$0.54+3.85%
2018-05-16Dividend$0.52+4.00%
2018-03-08Dividend$0.50+4.17%
2017-11-16Dividend$0.48+4.35%
2017-08-16Dividend$0.46+4.55%
2017-05-16Dividend$0.44+4.76%
2017-03-08Dividend$0.42+5.00%
2016-11-18Dividend$0.40+5.26%
2016-08-17Dividend$0.38+2.70%
2016-05-18Dividend$0.37+2.78%
2016-03-08Dividend$0.36+2.86%
2015-11-18Dividend$0.35+2.94%
2015-08-19Dividend$0.34-19.05%
2015-05-20Dividend$0.42+20.00%
2015-03-09Dividend$0.35+12.90%
2014-11-24Dividend$0.31+3.33%
2014-08-27Dividend$0.30+76.47%
2014-05-28Dividend$0.17-56.41%
2014-03-05Dividend$0.39+5.41%
2013-11-25Dividend$0.37+164.29%
2013-09-03Dividend$0.14+7.69%
2013-05-29Dividend$0.13+8.33%
2013-02-28Dividend$0.12+9.09%
2012-11-19Dividend$0.11+10.00%
2012-08-20Dividend$0.10--
2005-03-24Split


CCOI Dividends vs. Peers

CCOI's dividend yield currently ranks #27 of 41 vs. its peers in the Telecom - Domestic category.
Rank Symbol Name Dividend Yield
1 GTT GTT Communications, Inc. 0.00%
2 FRP FairPoint Communications, Inc. 0.00%
3 QTEK QualTek Services Inc. 0.00%
4 TDS Telephone and Data Systems, Inc. Common Shares 0.00%
5 ASTS AST SpaceMobile, Inc. 0.00%
6 VZ Verizon Communications Inc. 0.00%
7 FTR Frontier Communications Corporation 0.00%
8 IDCC InterDigital Inc. 0.00%
9 CNSL Consolidated Communications Holdings, Inc. 0.00%
10 STRY Starry Group Holdings Inc. 0.00%
11 ALSK Alaska Communications Systems Group, Inc. 0.00%
12 WIFI Boingo Wireless, Inc. 0.00%
13 WIN Windstream Holdings, Inc. 0.00%
14 RADI Radius Global Infrastructure Inc. Cl A 0.00%
15 SHEN Shenandoah Telecommunications Co 0.00%
16 TMUS T-Mobile US Inc. 0.00%
17 IPAS iPass Inc. 0.00%
18 CALL magicJack VocalTec Ltd - 0.00%
19 GNCMA GCI Liberty, Inc. - -1 0.00%
20 FNGR FingerMotion, Inc. 0.00%
21 TWER Towerstream Corp 0.00%
22 WTT Wireless Telecom Group, Inc. 0.00%
23 ORBC ORBCOMM Inc. 0.00%
24 CUEN Cuentas Inc. 0.00%
25 ATEX Anterix Inc. 0.00%
26 STRP Straight Path Communications Inc. 0.00%
27 CCOI Cogent Communications Holdings, Inc. 0.00%
28 OTEL Otelco Inc. 0.00%
29 CTL CenturyLink, Inc. 0.00%
30 SPOK Spok Holdings, Inc. 0.00%
31 ATNI ATN International, Inc. 0.00%
32 IDT IDT Corporation Class B 0.00%
33 HCOM Hawaiian Telcom Holdco, Inc. 0.00%
34 OOMA Ooma, Inc. 0.00%
35 USM United States Cellular Corporation 0.00%
36 LVLT Level 3 Communications, Inc. 0.00%
37 CBB Cincinnati Bell Inc. 0.00%
38 VG Vonage Holdings Corp. 0.00%
39 T AT&T Inc. 0.00%
40 GSAT Globalstar, Inc. 0.00%
41 LUMN Lumen Technologies Inc.. 0.00%

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