Tuesday, July 31, 2007

Rogers reports loss, ups dividend, forecasts

(Reuters) - But the company said 2007 revenue and operating profit would be at the top end of its previous ranges. It raised its annual dividend to 50 Canadian cents a share, from 16 Canadian cents a share, and reported strong subscriber growth.



Rogers said it lost C$56 million , or 9 Canadian cents a share, in the three months ended June 30. That comes on a profit of C$279 million, or 44 Canadian cents, in the same period a year earlier.


Read more at Reuters.com Market News

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