Rogers Communications Declares Increased Dividend
14 12월 2005 - 11:09PM
PR Newswire (US)
TORONTO, Dec. 14 /PRNewswire-FirstCall/ -- Rogers Communications
Inc. announced today that its Board of Directors has approved a
revised dividend policy with a 50% increase to the dividend it pays
on each of its outstanding Class B Non-Voting shares and Class A
Voting shares. The annual dividend per share will increase from
C$0.10 per share to C$0.15 per share, and will be paid through two
semi-annual payments of C$0.075 per share. The Board of Directors
also today declared an increased semi-annual dividend of C$0.075
per share on each of its outstanding Class B Non-Voting shares and
Class A Voting shares. The semi-annual dividend declared today will
be paid on January 6, 2006 to shareholders of record on December
28, 2005. Commenting on the increased dividend, Ted Rogers,
President and CEO of Rogers Communications, said, "The actions
taken today by the Rogers Communications Inc. Board of Directors
are in recognition of the company's improving financial performance
and solid strategic positioning, together with the board's
continued confidence in management's execution of the company's
strategy." Cautionary Statement Regarding Forward Looking
Information: This news release includes certain forward looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 that involve risks and uncertainties. We caution
that actual future events will be affected by a number of factors,
many of which are beyond our control, and therefore may vary
substantially from what we currently foresee. We are under no
obligation to (and expressly disclaim any such obligation to)
update or alter any forward looking statements whether as a result
of new information, future events or otherwise. Important
additional information identifying risks and uncertainties is
contained in our most recent Annual Reports and Quarterly Reports
and Annual Information Forms filed with the applicable Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission. About the Company: Rogers Communications (TSX:
RCI; NYSE: RG) is a diversified Canadian communications and media
company engaged in three primary lines of business. Rogers Wireless
is Canada's largest wireless voice and data communications services
provider and the country's only carrier operating on the world
standard GSM/GPRS/EDGE technology platform; Rogers Cable is
Canada's largest cable television provider offering cable
television, high-speed Internet access, voice over cable telephony
services and video retailing; and Rogers Media is Canada's premier
collection of category leading media assets with businesses in
radio, television broadcasting, television shopping, publishing and
sports entertainment. Rogers Telecom is a national provider of
telephony, data networking, and broadband Internet connectivity, to
small, medium and large businesses across the country. For further
information about the Rogers group of companies, please visit
http://www.rogers.com/. DATASOURCE: Rogers Communications Inc.
CONTACT: Bruce M. Mann, (416) 935-3532, ; or Eric A. Wright, (416)
935-3550, ; Archived images on this organization are searchable
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