Rogers Communications Inc.
RCICommunication Services · Stock · quarterly payer
Forward Yield
3.79%
Annual Dividend
$1.42
Payout Ratio
18%
5-Yr Growth
-1.2%
Ex-Date
Sep 8, 2026
Frequency
Quarterly
Summary
As of September 2026, Rogers Communications Inc. (RCI) yields 3.79% ($1.42 per share annually), with a blended fair-value estimate of $40.26 — +7% upside, so it screens as fairly valued. Dividend safety grade: C (57/100).
Is RCI a good dividend stock?
MixedRogers Communications Inc. (RCI) pays a quarterly dividend yielding 3.79% ($1.42/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (18%)
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.79%
- Payout Ratio
- 18%
- Annual Dividend
- $1.42
- 5-Yr Avg Growth
- -1.2%
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.81
- Market Cap
- $19.9B
- P/E Ratio
- 4.5
- 5-Yr Total Return
- -20%
- 52-Week Range
- $31.38 – $41.14
- Dividend Safety
- C · 57/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
RCI Price — Last 12 Months
Daily close
Price Return
1 Year
+9%
3 Years
-2%
5 Years
-20%
52-Week Range
$31.38 – $41.14
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RCI worth?
Fairly valuedlow confidenceOur blended fair-value estimate for Rogers Communications Inc. is $40.26 per share, versus a market price of $37.52. That implies the stock is roughly fairly priced.
Fair Value
$40.26
Current Price
$37.52
Gap
+7%
Margin of Safety
7%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model -3.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.3% discount rate (CAPM), -3.8% stage-1 growth, 2.5% terminal growth, $8.23 EPS, $1.42 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RCI Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 8, 2026 | — | $0.3620 | regular |
| Jun 9, 2026 | — | $0.3580 | regular |
| Mar 10, 2026 | — | $0.3680 | regular |
| Sep 8, 2025 | — | $0.3620 | regular |
| Jun 9, 2025 | — | $0.3650 | regular |
| Mar 10, 2025 | — | $0.3480 | regular |
| Dec 9, 2024 | — | $0.3530 | regular |
| Sep 9, 2024 | — | $0.3680 | regular |
| Jun 10, 2024 | — | $0.3630 | regular |
| Mar 8, 2024 | — | $0.3720 | regular |
| Dec 7, 2023 | — | $0.3680 | regular |
| Sep 7, 2023 | — | $0.3670 | regular |
| Jun 8, 2023 | — | $0.3740 | regular |
| Mar 9, 2023 | — | $0.3620 | regular |
Income Calculator
At $1.42 / yr per share
