Cogeco 2011 Annual Report Download - page 82

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Investor information COGECO CABLE INC. 2011 81
Dividend policy
The Corporation declared an annual eligible dividend of $0.71 per share during fiscal 2011 composed of quarterly eligible dividends of
$0.17 per share for the first three quarters and a dividend of $0.20 per share for the last quarter (quarterly dividends of $0.14 per share for an
eligible dividend of $0.56 per share was paid in fiscal 2010) 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 frequency
may vary.
Trading statistics
2011
Quarters ended Nov. 30 Feb. 28 May 31 Aug. 31 Total
(in dollars, except subordinate voting share volumes) $ $ $ $
The Toronto Stock Exchange
High 40.30 43.00 46.89 48.44
Low 34.80 39.00 42.23 42.48
Close 39.00 42.68 44.55 46.25
Volume (shares) 3,302,430 3,955,867 2,425,771 1,948,258 11,632,326
2010
Quarters ended Nov. 30 Feb. 28 May 31 Aug. 31 Total
(in dollars, except subordinate voting share volumes) $ $ $ $
The Toronto Stock Exchange
High 33.85 41.81 43.98 36.70
Low 26.40 33.06 32.38 32.75
Close 33.75 40.50 33.57 35.82
Volume (shares) 8,254,948 6,969,552 7,144,946 2,946,017 25,315,463