Rogers Communications Inc.
RCIAFCommunication Services · Stock · monthly payer
Forward Yield
3.91%
Annual Dividend
$1.41
Payout Ratio
15%
5-Yr Growth
-0.0%
Ex-Date
Jun 9, 2026
Frequency
Monthly
Summary
As of July 2026, Rogers Communications Inc. (RCIAF) yields 3.91% ($1.41 per share annually), with a blended fair-value estimate of $43.69 — +21% upside, so it screens as undervalued. Dividend safety grade: A (80/100).
Is RCIAF a good dividend stock?
YesRogers Communications Inc. (RCIAF) pays a monthly dividend yielding 3.91% ($1.41/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (15%)
- Top-tier dividend safety score
Risks
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.91%
- Payout Ratio
- 15%
- Annual Dividend
- $1.41
- 5-Yr Avg Growth
- -0.0%
- Ex-Dividend Date
- Jun 9, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.79
- Market Cap
- $19.5B
- P/E Ratio
- 3.9
- 5-Yr Total Return
- -29%
- 52-Week Range
- $30.03 – $40.83
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
Frequently Asked Questions
RCIAF Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
-9%
5 Years
-29%
52-Week Range
$30.03 – $40.83
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RCIAF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Rogers Communications Inc. is $43.69 per share, versus a market price of $36.06. That implies 21% of upside — a margin of safety of about 17%.
Fair Value
$43.69
Current Price
$36.06
Upside
+21%
Margin of Safety
17%
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 13.7% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $9.18 EPS, $1.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RCIAF Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Jun 9, 2026 | — | $0.3515 | regular |
| Jun 9, 2026 | — | $0.3588 | regular |
| Jun 9, 2026 | — | $0.3588 | regular |
| Jun 9, 2026 | — | $0.3578 | regular |
| Jun 9, 2026 | — | $0.3574 | regular |
| Jun 9, 2026 | — | $0.3524 | regular |
| Jun 9, 2026 | — | $0.3578 | regular |
| Jun 9, 2026 | — | $0.3569 | regular |
| Jun 9, 2026 | — | $0.3571 | regular |
| Jun 9, 2026 | — | $0.3545 | regular |
| Jun 9, 2026 | — | $0.3536 | regular |
| Jun 9, 2026 | — | $0.3533 | regular |
| Jun 9, 2026 | — | $0.3525 | regular |
| Jun 9, 2026 | — | $0.3511 | regular |
Income Calculator
At $1.41 / yr per share
