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Cogent Communications Holdings (FRA:OGM1) Forward Dividend Yield % : 6.18% (As of May. 07, 2024)


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What is Cogent Communications Holdings Forward Dividend Yield %?

As of today (2024-05-07), the Forward Annual Dividend Yield of Cogent Communications Holdings is 6.18%.

As of today (2024-05-07), the Trailing Annual Dividend Yield of Cogent Communications Holdings is 6.13%.

FRA:OGM1's Forward Dividend Yield % is ranked better than
67.58% of 219 companies
in the Telecommunication Services industry
Industry Median: 4.44 vs FRA:OGM1: 6.18

Cogent Communications Holdings's Dividends per Share for the three months ended in Dec. 2023 was €0.88.

During the past 12 months, Cogent Communications Holdings's average Dividends Per Share Growth Rate was 5.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 18.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Cogent Communications Holdings was 89.50% per year. The lowest was 10.70% per year. And the median was 15.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cogent Communications Holdings's Forward Dividend Yield %

For the Telecom Services subindustry, Cogent Communications Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cogent Communications Holdings's Forward Dividend Yield % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Cogent Communications Holdings's Forward Dividend Yield % falls into.



Cogent Communications Holdings Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Cogent Communications Holdings Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9650002024-03-142024-03-152024-04-09Cash DividendquarterlyUSD:EUR 0.920000
USD 0.9550002023-11-222023-11-242023-12-08Cash DividendquarterlyUSD:EUR 0.924000
USD 0.9450002023-08-232023-08-242023-09-08Cash DividendquarterlyUSD:EUR 0.917000
USD 0.9350002023-05-172023-05-182023-06-02Cash DividendquarterlyUSD:EUR 0.920000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cogent Communications Holdings's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3.5512/57.50
=6.18 %

Current Share Price is €57.50.
Cogent Communications Holdings's Dividends per Share for the forward twelve months is calculated as €0.8878 * 4 = €3.5512.

Cogent Communications Holdings's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=3.496985/57.50
=6.08 %

Current Share Price is €57.50.
Cogent Communications Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is €3.496985.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cogent Communications Holdings  (FRA:OGM1) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Cogent Communications Holdings Forward Dividend Yield % Related Terms

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Cogent Communications Holdings (FRA:OGM1) Business Description

Traded in Other Exchanges
Address
2450 N Street North West, Washington, DC, USA, 20037
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the U.S.

Cogent Communications Holdings (FRA:OGM1) Headlines

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