COGECO INCREASES ITS QUARTERLY DIVIDEND TO $0.12 PER SHARE
PRESS RELEASE
For immediate release
COGECO increases its quarterly dividend to $0.12 per share
Montréal, Canada – October 27, 2010 – COGECO Inc. (TSX: CGO) (“COGECO” or “the
Company”) announced today that its Board of Directors declared a quarterly eligible dividend of
$0.12 per share for subordinate and multiple voting shares, representing an increase of $0.02, or
20%, when compared to the quarterly dividends of $0.10 per share declared for each quarter of
fiscal 2010. The dividend will be payable on November 24, 2010, to shareholders of record on
November 10, 2010.
The declaration, amount and date of any future dividend will continue to be considered and
approved by the Board of Directors of the Company based upon the Company’s financial
condition, results of operations, capital requirements and such other factors as the Board of
Directors, at its sole discretion, deems relevant. There is therefore no assurance that dividends will
be declared, and if declared, their amount and frequency may vary.
ABOUT COGECO
COGECO is a diversified communications company. Through its Cogeco Cable subsidiary,
COGECO provides its residential customers with Audio, Analogue and Digital Television, as well
as HSI and Telephony services using its two-way broadband cable networks. Cogeco Cable also
provides, to its commercial customers, through its subsidiary Cogeco Data Services, data
networking, e-business applications, video conferencing, hosting services, Ethernet, private line,
VoIP, HSI access, dark fibre, data storage, data security and co-location services and other
advanced communication solutions. Through its Cogeco Diffusion subsidiary, COGECO owns and
operates the Rythme FM radio stations in Montréal, Québec City, Trois-Rivières and Sherbrooke,
as well as the FM 93 radio
station in Québec City. COGECO’s subordinate voting shares are listed
on the Toronto Stock Exchange (TSX: CGO). The subordinate voting shares of Cogeco Cable are
also listed on the Toronto Stock Exchange (TSX: CCA).
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Information: Alex Tessier
Vice President and Treasurer
Tel.: (514) 764-4700