Market dataIncome framework read
Dividend CompanyTSXCanada

RCI-B.TO

Rogers Communications Class B

Communication ServicesPlain dividendQuarterly

Market Snapshot

$43.94

+$0.19 (0.43%)

Toronto

Yield

4.55%

Rate $2.00

Next Payment

—

Ex-date 2026-09-08

52wk Position

7.43%

-21.91% below high

Updated —

Income Intelligence Summary

Deterministic interpretation from Prospyr's income framework and available market data.

Framework readout
1

Income reliability

Derived from payout history

Quarterly income profile is visible

RCI-B.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.

2

DRIP defense

Editorial framework

Defended at the default 100-share test

RCI-B.TO prints 1.14 shares per payment at default inputs. The defended price ceiling is $50.00.

3

Main watch item

Provider reported

Price sits close to its 52-week low

RCI-B.TO is 2.31% above its provider-reported 52-week low. Check whether the lower price reflects structure risk, payout concern, or broad market weakness.

Decision Area

Distribution and DRIP Defense

Payout history, default DRIP coverage, and price creep pressure using market data where available.

Distribution Chart

Last 12 payments

Confirmed Expected

Coverage Ratio Test

DRIP defense check

Defended
Cash
$50.00
APR
1.138
Coverage
1.138

Defended baseline. Healthy DRIP rung with comfortable margin.

Price Creep

Defended price ceiling

Max defended
$50.00
Cushion
$6.06
Cushion %
13.79%
Current $43.94Break $50.00

Smart Recommendation

RCI-B.TO is inside the defended DRIP zone at these inputs; monitor price creep before adding new capital.

Research Signals

Payout sustainability

Moderate

5mo ago

DRIP availability

Available

5mo ago

Tax character

Eligible dividend

5mo ago

Distribution history

Multi-decade

5mo ago

Structure complexity

Simple

5mo ago

Income trend

Stable

5mo ago

Account suitability

Non-reg: eligible div

5mo ago

Structure Overview

Rogers Communications (RCI.B) is one of Canada's major wireless, cable, and media companies, having completed the acquisition of Shaw Communications in 2023. The Shaw integration increased Rogers's debt load significantly; dividend growth has been paused while the company prioritizes debt reduction. Eligible dividends are paid quarterly.

Canadian Planning Notes

  • 1Rogers paused dividend growth following the Shaw acquisition; verify the current dividend growth guidance and debt-reduction timeline before modelling payout increases.
  • 2Eligible dividends qualify for the tax credit; DRIP is available.
  • 3The Shaw integration creates operational synergy upside but also integration execution risk; major milestones should be monitored alongside the payout ratio.

Market Facts

Market Data

A factual market, distribution, valuation, and financial snapshot for this holding.

Market Data

Market data

Updated facts where available

Price

$43.94

Previous close

$43.75

Day range

$43.55 - $45.02

52wk range

$42.95 - $56.27

Market cap

23.7B

Volume

2.4M

Avg volume

2.1M

Exchange

Toronto

Dividend and distribution

Forward rate

$2.00

Trailing rate

$2.00

Forward yield

4.55%

Trailing yield

4.57%

Per payment

$0.50

Cadence

Quarterly

Next ex-date

Sep 8, 2026

Next pay

Oct 2, 2026

Last dividend

$0.50

Last dividend date

Sep 8, 2026

Performance

Daily change

$0.19

Daily change %

0.43%

52wk position

7.43%

Below 52wk high

-21.91%

Above 52wk low

2.31%

Open

$43.83

Earnings and financials

Trailing EPS

11.35

Forward EPS

4.81

Revenue

22.6B

Revenue growth

7.70%

Profit margin

27.28%

Operating margin

22.24%

Payout ratio

17.62%

Free cash flow

7.6B

Total cash

2B

ROE

30.92%

ROA

3.84%

Debt/equity

199.99

Beta

0.81

Valuation

Trailing P/E

3.87

Forward P/E

9.13

Price/sales

1.05

Price/book

1.43

Enterprise value

73.7B

EV/EBITDA

7.74

Analyst facts

Target mean

$59.31

Target high

$74.00

Target low

$42.00

Recommendation mean

2.06

Recommendation key

buy

Analysts

18

Canadian Context

Account placement

Non-registered

Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.

TFSA: Tax-free growth and withdrawals.

RRSP: Tax-deferred growth, with withdrawals taxed as regular income.

Eligible dividend tax credit

Total credit
$345.27
Effective rate
34.53%

Broker DRIP status

Questrade

Available

Wealthsimple

Available

RBC Direct Investing

Available

TD Direct Investing

Available

Run Your Numbers

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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.