Rogers’ quarterly dividend at $0.50 per share as it reports third-quarter results
Key Facts
Rogers Communications reported third-quarter results for the quarter ended September 30 on October 23, 2026, alongside a quarterly dividend of $0.50 per share. The company thus announced the dividend on the day it reported quarterly results, while shareholder records show that the previous payments listed in January, April and July 2026 were the same amount. This means the announced dividend held at its previous level rather than increasing. The detailed operating data available for the preceding period focus on the second quarter, so those figures do not represent results for the period ended in September. In that quarter, service revenue was C$5.055 billion, up 8% from C$4.668 billion a year earlier.
Second-quarter results also showed free cash flow of C$982 million, compared with C$925 million in the corresponding period of 2025. In guidance updated on April 22, Rogers had kept its annual service revenue growth range at 3% to 5% and its adjusted EBITDA growth range at 1% to 3%. It also set a full-year free cash flow range of C$4.1 billion to C$4.3 billion. This guidance provides an annual framework for tracking performance, while the free cash flow and revenue figures cited here relate specifically to the second quarter. Chief Executive Tony Staffieri said the quarter's results reflected "strong execution, with growth across all three of our business segments."
In second-quarter wireless operations, the monthly postpaid phone subscriber churn rate was 0.94%, while average monthly revenue per user reached C$54.25. These indicators provide an operational complement to the service revenue growth and free cash flow recorded in the same period. In another development that adds context to the company's business, Rogers completed its acquisition of the remaining 25% stake in Maple Leaf Sports & Entertainment on October 1 for C$4.35 billion. The deal raised Rogers' ownership in the company to 100%. RCI shares also closed at 33.2 on October 22, according to EL7 data, which did not specify the currency.