Rogers Communications Declares 50 Cents per Share Quarterly Dividend
February 01 2024 - 7:00AM
Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI)
(“Rogers”) announced that its Board of Directors declared a
quarterly dividend totaling 50 cents per share (the “Quarterly
Dividend”) on each of its outstanding Class B Non-Voting shares
(“Class B Shares”) and Class A Voting shares.
The Quarterly Dividend will be paid on April 3,
2024 to shareholders of record on March 11, 2024. Quarterly
dividends are only payable as and when declared by Rogers’ Board
and there is no entitlement to any dividend prior thereto.
Shareholders may elect to have cash dividends on
their shares reinvested in additional Class B Shares in accordance
with Rogers’ Amended and Restated Dividend Reinvestment Plan (the
“Plan”). Under the Plan, Rogers’ Board determines whether the
additional Class B Shares will be purchased on the open market or
issued by Rogers from treasury. The Plan permits, at the Board’s
discretion, a small discount when shares are issued from treasury
under the Plan. In connection with the Quarterly Dividend, Class B
Shares will be issued by Rogers under the Plan from treasury at a
2% discount from the Average Market Price (as defined in the
Plan).
A copy of the Plan describing the terms and
conditions applicable to the Plan is available at
www.investors.rogers.com or from the agent at www.tsxtrust.com or
by e-mail at shareholderinquiries@tmx.com. In addition, a copy of
the Plan is available under our profile at www.sedarplus.ca. A
registration statement on Form F-3D relating to the Plan (File No.
333-170234) has been filed with the U.S. Securities and Exchange
Commission (the “SEC”) and may be obtained under the Company's
profile on the SEC's website at www.sec.gov.
This press release does not constitute an offer
to sell or a solicitation of an offer to buy nor shall there be any
sale of any of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
About Rogers Communications
Inc:Rogers is Canada’s leading wireless, cable and media
company that provides connectivity and entertainment to Canadian
consumers and businesses across the country. Rogers shares are
publicly traded on the Toronto Stock Exchange (TSX: RCI.A and
RCI.B) and on the New York Stock Exchange (NYSE: RCI). For more
information, please visit: rogers.com or investors.rogers.com.
For further information:Investor Relations
1-844-801-4792 investor.relations@rci.rogers.com
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