|Bid||58.10 x 0|
|Ask||59.47 x 0|
|Day's Range||58.04 - 59.74|
|52 Week Range||57.85 - 78.00|
|Beta (5Y Monthly)||0.36|
|PE Ratio (TTM)||17.86|
|Forward Dividend & Yield||2.00 (3.46%)|
|Ex-Dividend Date||Sept 08, 2021|
|1y Target Est||N/A|
Rogers Communications said on Thursday that Canada's competition commissioner has a "statutory obligation" to expedite the hearing into the company's proposed acquisition of Shaw Communications Inc. Rogers made the comments in a formal objection filed with the competition tribunal, where it rejected the competition commissioner's request for additional time to investigate the sale of Freedom Mobile to Quebecor Inc. The antitrust agency has blocked Rogers' C$20 billion ($15.5 billion) acquisition of Shaw saying it would lessen competition in Canada's concentrated telecoms market, where customers pay among the highest bills.
Should investors looking for value seek out Rogers Communications (TSX:RCI.B)(NYSE:RCI) as an investment in this difficult market? The post Is Rogers Stock a Value Pick Right Now? appeared first on The Motley Fool Canada.
Rogers Communications Inc. ( TSE:RCI.B ) will pay a dividend of CA$0.50 on the 3rd of October. This means the annual...