Rogers Communications Declares 50 Cents per Share Quarterly Dividend

Rhea-AI Summary

Rogers Communications (TSX: RCI.A and RCI.B, NYSE: RCI) has announced a quarterly dividend of 50 cents per share on its Class B Non-Voting shares and Class A Voting shares. The dividend will be paid on July 3, 2025 to shareholders of record as of June 9, 2025.

The company has updated its Dividend Reinvestment Plan, announcing that additional Class B Shares will be purchased on the open market with no discount. This marks a change as the Plan previously allowed for potential discounts when shares were issued from treasury.

Positive

• Consistent dividend payment maintained at 50 cents per share
• Company continues to offer Dividend Reinvestment Plan for shareholders

Negative

• Removal of discount on Dividend Reinvestment Plan shares may reduce attractiveness for participating shareholders

July 3, 2025 payment date following June 9, 2025 record date

Company removes discount on Dividend Reinvestment Plan Shares

TORONTO, April 23, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“Rogers”) announced that its Board of Directors (the “Board”) 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 declared Quarterly Dividend will be paid July 3, 2025 to shareholders of record on June 9, 2025. Such quarterly dividends are only payable as and when declared by the 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, the 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 purchased on the open market at no discount.

A copy of the Plan describing the terms and conditions applicable to the Plan is available at investors.rogers.com or from the Plan agent at www.tsxtrust.com or by e-mail at shareholderinquiries@tmx.com. In addition, a copy of the Plan is available under Rogers’ 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 Rogers’ 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 communications and entertainment company and its 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

FAQ

What is the amount of Rogers Communications (RCI) quarterly dividend for 2025?

Rogers Communications declared a quarterly dividend of 50 cents per share for both Class B Non-Voting shares and Class A Voting shares.

When is the payment date for Rogers Communications (RCI) Q2 2025 dividend?

The quarterly dividend payment date is July 3, 2025, with a record date of June 9, 2025.

What changes did Rogers Communications make to its Dividend Reinvestment Plan in 2025?

Rogers removed the discount previously available when shares were issued from treasury, announcing that Class B Shares will be purchased on the open market at no discount.

How can RCI shareholders participate in the Dividend Reinvestment Plan?

Shareholders can elect to have cash dividends reinvested in additional Class B Shares through Rogers' Amended and Restated Dividend Reinvestment Plan, with shares purchased on the open market.