Updated

Updated · Yahoo Canada Finance · Aug 19

Quebecor Raises Quarterly Dividend 12.5% to C$0.45 as Free Cash Flow Climbs 11.7%

Updated

Updated · Yahoo Canada Finance · Aug 19

Quebecor Raises Quarterly Dividend 12.5% to C$0.45 as Free Cash Flow Climbs 11.7%

1 articles · Updated · Yahoo Canada Finance · Aug 19

Quebecor lifted its quarterly dividend to C$0.45 a share from C$0.40, taking the annualized payout to C$1.80 and the yield to about 2.7%.
C$418.7 million in free cash flow, up 11.7% year over year, helped support the increase, alongside 9.2% growth in mobile-service revenue.
53,200 net mobile additions at Videotron and Freedom Mobile added to that momentum, extending Quebecor’s growth beyond its traditional Quebec base.
The 12.5% dividend increase outpaced Canada’s 2.8% June inflation rate, offering income investors some protection against eroding purchasing power.

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Yahoo Canada Finance1d ago

Quebecor Increases Quarterly Dividend by 12.5% to $0.45 Per Share

With inflation eroding passive income, can Quebecor's aggressive national expansion and 12.5% dividend hike truly outperform Canada's traditional high-yield telecom giants?

As Quebecor leverages Freedom Mobile for massive subscriber growth, will its low-debt strategy survive the heavy infrastructure costs of a nationwide 5G rollout?

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Yahoo Canada Finance1d ago

Quebecor Increases Quarterly Dividend by 12.5% to $0.45 Per Share

Quebecor Raises Quarterly Dividend 12.5% to C$0.45 as Free Cash Flow Climbs 11.7%

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