Rogers Communications Announces Quarterly Dividend of 50 Cents Per Share

Published November 9, 2023

On November 9, 2023, RCI, Rogers Communications Inc., a leading Canadian communications and media company, declared a quarterly dividend. The dividend amounts to 50 cents per share and applies to both Class B Non-Voting shares and Class A Voting shares held by shareholders of the company.

Dividend Payment Details

The announced dividend is scheduled to be paid on January 2, 2024, with a record date set for December 8, 2023. It should be noted that the dividends are conditional upon declaration by the Rogers Board of Directors, and shareholders are not entitled to dividends before they are declared.

Dividend Reinvestment Plan

Rogers also offers a Dividend Reinvestment Plan ("Plan") to its shareholders, which allows them to reinvest their cash dividends into additional Class B Non-Voting shares. Depending on the Board's decision, these additional shares may be purchased on the open market or directly issued by the company from its treasury. For the upcoming Quarterly Dividend, a 2% discount rate will apply when new shares are issued from treasury as part of the Plan. Full terms and conditions of the Plan can be obtained via the Rogers website or by contacting the designated agent.

Investment and Shareholder Inquiries

For more in-depth details about the Plan and the securities involved, interested parties can view the registration statement filed with the U.S. Securities and Exchange Commission (SEC), accessible on the SEC's website under the company's profile. Rogers Communications Inc. ensures that this press release should not be regarded as an offer to sell or a solicitation of an offer to buy securities where such actions would be deemed unlawful.

About Rogers Communications Inc

RCI, Rogers Communications Inc., headquartered in Toronto, Canada, stands as a dominant player in the wireless, cable, and media industries, committed to connecting Canadian consumers and businesses with advanced connectivity and entertainment solutions. The company's shares are publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol RCI. Additional information about the company and its investment opportunities can be found on the official Rogers website.

Ensuring Communication with Investors

Rogers Communications maintains open channels for investor relations, providing a dedicated contact for investor queries and information requests.

Rogers, Dividend, Investment