|Bid||44.00 x 1100|
|Ask||49.19 x 1000|
|Day's range||49.10 - 49.92|
|52-week range||43.18 - 53.90|
|Beta (5Y monthly)||0.35|
|PE ratio (TTM)||19.38|
|Earnings date||27 Jan 2022|
|Forward dividend & yield||1.57 (3.15%)|
|Ex-dividend date||09 Dec 2021|
|1y target est||55.69|
Rogers Communication (RCI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is a timeline of the key events leading up to the Canadian telecom and media company's court battle based on various affidavits submitted in the Supreme Court of British Columbia and public statements. Sept. 15 - Former Rogers Chairman Edward Rogers and lead independent director John MacDonald speak on phone, where Edward says he has lost confidence in CEO Joe Natale and sees former CFO Tony Staffieri as his replacement. Sept. 18 - Natale tells MacDonald he (the CEO) inadvertently overhears a conversation in which Staffieri is discussing a secret plan plotted by Edward to shake up the company board and senior leadership.
The dispute began after company Chairman Edward Rogers, the only son of the company's late founder Ted Rogers, attempted to drop Joe Natale as CEO in September last year, saying he had lost confidence in Natale's ability to lead the company through the C$20 billion ($15.81 billion) acquisition deal of smaller rival Shaw Communications Inc and replace him with Staffieri. However, Rogers failed to win the board's support, leading to Staffieri, the then chief financial officer, leaving the company.