Rogers Communications (TSE:RCI) Lowered to Hold Rating by Scotiabank

Scotiabank downgraded shares of Rogers Communications (TSE:RCIFree Report) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

Separately, Barclays cut shares of Rogers Communications from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st.

Check Out Our Latest Stock Analysis on RCI

Rogers Communications Price Performance

Rogers Communications Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Monday, March 10th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of ∞.

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