C-COM Satellite Systems announces quarterly dividend

Ottawa-based C-COM Satellite Systems (TSXV:CMI), a supplier of satellite antennas, announced its quarterly dividend on Tuesday.

The company will pay shareholders $0.0125 per common share on Feb. 18, 2014. The dividend will apply to all shareholders of record as of Feb. 4, 2014.

Based on the stock’s Jan. 20 closing price, $1.76 per share, “this dividend represents a yield of 2.8 per cent on an annualized basis,” according to a company press release.

OBJ360 (Sponsored)

“We are pleased that we can continue to be able to reward our loyal shareholders with this quarterly dividend” said Leslie Klein, president and CEO of C-COM, in a statement.

Get our email newsletters

Get up-to-date news about the companies, people and issues that impact businesses in Ottawa and beyond.

By signing up you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.

Sponsored

Sponsored