Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Rogers Communications Inc. is a Canadian communications and media company operating primarily in the wireless telecommunications, cable and broadband, and media and entertainment industries. The company is one of Canada’s largest providers of wireless services and a leading operator of cable television, high-speed internet, and telephone services, generating the majority of its revenue from subscription-based wireless and broadband offerings. Its core customer segments include individual consumers, small and medium-sized businesses, and large enterprise and government clients across Canada.
Founded in 1960 by Ted Rogers, the company began as a radio broadcasting business and gradually expanded into cable television and wireless communications. Over several decades, Rogers evolved into a fully integrated communications provider, leveraging spectrum assets, network infrastructure, and media properties. A defining moment in its recent history was the completion of the acquisition of Shaw Communications Inc. in 2023, which significantly expanded Rogers’ scale in Western Canada while reshaping the competitive landscape of the Canadian telecom sector.
Business Operations
Rogers operates through three primary business segments: Wireless, Cable, and Media. The Wireless segment, the company’s largest revenue driver, provides mobile voice, data, and device financing services under the Rogers Wireless brand, supported by nationwide LTE and 5G networks. The Cable segment delivers residential and commercial internet, television, and home phone services primarily through Rogers Cable, with a strong emphasis on high-speed broadband and bundled service offerings.
The Media segment, operated through Rogers Media, includes television networks, radio stations, digital media assets, and sports entertainment. Rogers owns significant sports-related assets, including the Toronto Blue Jays Major League Baseball franchise and a controlling interest in sports broadcasting rights through Sportsnet. The company generates revenue through a mix of subscription fees, advertising, content distribution, and long-term customer contracts across its operating segments.
Strategic Position & Investments
Rogers’ strategic direction focuses on network leadership, customer experience, and disciplined capital investment. A central pillar of its strategy is continued investment in 5G network expansion, fiber infrastructure, and digital platforms to support rising data consumption and enterprise connectivity needs. The company has also prioritized operational integration and cost synergies following the acquisition of Shaw Communications Inc., while divesting Freedom Mobile to comply with regulatory conditions.
In addition to organic investment, Rogers maintains a portfolio of strategic media and sports assets that support brand differentiation and cross-platform monetization. The company is actively involved in emerging areas such as private wireless networks, Internet of Things applications, and advanced data analytics to support enterprise customers. Capital allocation decisions are guided by a balance between network investment, debt reduction, and shareholder returns.
Geographic Footprint
Rogers’ operations are concentrated in Canada, with its corporate headquarters located in Toronto, Ontario. The company maintains a nationwide wireless network reaching urban, suburban, and rural regions, with particularly strong market positions in Ontario, Atlantic Canada, and major metropolitan areas across the country. The acquisition of Shaw significantly expanded Rogers’ presence in Western Canada, including Alberta, British Columbia, and Manitoba.
While Rogers does not operate consumer telecommunications businesses outside Canada, its media content and sports programming have limited international reach through licensing and digital distribution. The company’s international exposure is otherwise indirect, primarily through global equipment suppliers, roaming agreements, and capital markets activities rather than standalone overseas operations.
Leadership & Governance
Rogers Communications is led by an executive team focused on operational execution, network investment, and long-term shareholder value. The company maintains a governance structure with a majority-independent board, while the Rogers family retains significant voting control through a dual-class share structure. Leadership has emphasized stability, capital discipline, and restoring investor confidence following governance challenges and major transactions.
Key members of the executive leadership team include:
- Tony Staffieri – President and Chief Executive Officer
- Glenn Brandt – Chief Financial Officer
- Bram Abramson – Chief Strategy Officer
- Mark Kennedy – Chief Technology Officer
- Terrie Tweddle – Chief Brand and Communications Officer
The leadership team’s stated strategic vision centers on building Canada’s most reliable networks, delivering differentiated customer experiences, and leveraging scale to compete effectively in a highly regulated and capital-intensive industry.