Cogent Communications Holdings, Inc. Approves Regular Third Quarterly Dividend, Payable on September 8, 2023
August 10, 2023 at 06:58 am EDT
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On August 2, 2023, Cogent's Board approved a regular quarterly dividend of $0.945 per share payable on September 8, 2023 to shareholders of record on August 24, 2023. This third quarter 2023 regular dividend represents an increase of $0.01 per share, or 1.1%, from the second quarter 2023 regular dividend of $0.935 per share and an annual increase of 4.4% from the third quarter 2022 dividend of $0.905 per share.
Cogent Communications Holdings, Inc. is a facilities-based provider of Internet access, private network services and data center colocation space and power. The Companyâs network is specifically designed and optimized to transmit packet routed data. The Company, through its own facilities, offers on-net Internet access services to customers located in buildings that are physically connected to its network. Its on-net service consists of high-speed Internet access and private network services offered at speeds ranging from megabits per second (Mbps) to gigabits per second (Gbps). The Company delivers its services on its network in 54 countries across North America, Europe, Asia, South America, Oceania and Africa. Its corporate customers are located in multi-tenant office buildings (MTOBs), which typically include law firms, financial services firms, advertising and marketing firms, as well as health care providers, educational institutions and other professional services businesses.