Cogeco 2008 Annual Report Download - page 73

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72 COGECO CABLE INC. 2008 Investor Information
DIVIDEND POLICY
The Corporation declared an annual eligible dividend of $0.40 during fiscal 2008 composed of quarterly eligible dividends of $0.10
(an eligible dividend of $0.08 in the fourth quarter, $0.06 in the second and third quarters and $0.04 in the first quarter, totalling
$0.24 per share, on an annual basis, was paid in fiscal 2007) to the holders of subordinate voting shares and multiple voting shares.
The declaration, amount and date of any future dividend will continue to be considered and approved by the Board of Directors of
the Corporation based upon the Corporation’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 timing may vary.
TRADING STATISTICS
2008
QUARTERS ENDED NOV. 30 FEB. 29 MAY 31 AUG. 31 TOTAL
(in dollars, except subordinate voting share volumes) $ $ $ $
THE TORONTO STOCK EXCHANGE
HIGH 50.25 48.82 42.00 44.59
LOW 43.51 35.58 32.27 35.03
CLOSE 43.91 36.30 40.51 44.00
VOLUME (SHARES) 5,576,390 6,254,376 5,081,635 3,408,578 20,320,979
2007
QUARTERS ENDED NOV. 30 FEB. 28 MAY 31 AUG. 31 TOTAL
(in dollars, except subordinate voting share volumes) $ $ $ $
THE TORONTO STOCK EXCHANGE
HIGH 30.50 44.25 45.67 52.58
LOW 23.93 29.43 39.50 41.28
CLOSE 30.10 42.30 42.75 45.90
VOLUME (SHARES) 3,632,327 11,707,088 4,984,982 6,448,360 26,772,757