Cogent Communications (CCOI) has announced its latest dividend details. The ex-dividend date is set for Aug 21, 2025, with an announcement date of Aug 6, 2025, and a dividend payment date of Sep 5, 2025. Shareholders will receive a dividend of $1.015 per share, which is significantly higher than the average dividend of $0.548 per share from the last ten distributions. Previously, on Jun 6, 2025, the company issued a dividend of $1.010 per share. Both dividends are classified as cash dividends.
Recently,
has been making headlines with significant developments. As of late, the company announced a leadership change, with James preparing for retirement, effective Aug 11, 2025. This transition marks a pivotal moment for Cogent's sales strategy moving forward.
Over the past week, Cogent's financial performance has been under scrutiny. The company reported Q2 2025 earnings, revealing a revenue of $246.2 million, which represents a 5.5% decline year-over-year. This figure fell short of analysts’ expectations by 0.7%, although the earnings per share remained consistent with forecasts. Despite these challenges,
operates an extensive network of 20,000 miles of fiber optic cables across 54 countries, serving a diverse clientele.
Additionally, a recent technical analysis has highlighted potential stock movements. On Aug 15, 2025, a MACD Death Cross and
Bands narrowing were detected on Cogent's 15-minute chart, signaling potential volatility in the stock's performance. These indicators suggest that investors should remain vigilant about potential market shifts.
In conclusion, Cogent Communications is at a crucial juncture with its upcoming dividend and recent corporate developments. Investors should note that Aug 21, 2025, marks the last day to purchase shares and be eligible for the dividend. Any acquisitions made after this date will not qualify for the current dividend payout.
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