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Daily Dividend Report: RCI, MTB, XTO, CCE, SHW

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(MarketNewsVideo.com) -- This morning, Rogers Communications (RCI) declared its quarterly dividend of thirty two cents per share, an increase of about 17% over its prior dividend. Based on the current stock price, investors can expect a yield of about four percent going forward.

In afternoon trading, shares of RCI were headed lower as the increased dividend failed to offset the poor earnings announcement. Currently, the stock is down about five percent and could be heading lower.

Market News Video does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.