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SHAREHOLDERS' EQUITY | 12 Months Ended
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Dec. 31, 2017
Share Capital, Reserves And Other Equity Interest [Abstract] |
SHAREHOLDERS' EQUITY | SHAREHOLDERS' EQUITY CAPITAL STOCK
Share class | Number of shares authorized for issue |  | Features | Voting rights
Preferred shares | 400,000,000 |  | ● | Without par value | ● | None
● | Issuable in series, with rights and terms of each series to be fixed by the Board prior to the issue of any series
RCI Class A Voting Shares | 112,474,388 |  | ● | Without par value | ● | Each share entitled to 50 votes
● | Each share can be converted into one Class B Non-Voting share
RCI Class B Non-Voting Shares | 1,400,000,000 |  | ● | Without par value | ● | None
RCI's Articles of Continuance under the Business Corporations Act (British Columbia) impose restrictions on the transfer, voting, and issue of Class A Shares and Class B Non-Voting Shares to ensure we remain qualified to hold or obtain licences required to carry on certain of our business undertakings in Canada. We are authorized to refuse to register transfers of any of our shares to any person who is not a Canadian, as defined in RCI's Articles of Continuance, in order to ensure that Rogers remains qualified to hold the licences referred to above. DIVIDENDS We declared and paid the following dividends on our outstanding Class A Shares and Class B Non-Voting Shares:
|  | Dividend per |
Date declared | Date paid | share (dollars) |
January 26, 2017 | April 3, 2017 | 0.48 |
April 18, 2017 | July 4, 2017 | 0.48 |
August 17, 2017 | October 3, 2017 | 0.48 |
October 19, 2017 | January 2, 2018 | 0.48 |
|  | 1.92 |
January 27, 2016 | April 1, 2016 | 0.48 |
April 18, 2016 | July 4, 2016 | 0.48 |
August 11, 2016 | October 3, 2016 | 0.48 |
October 20, 2016 | January 3, 2017 | 0.48 |
|  | 1.92 |
The holders of Class A Shares are entitled to receive dividends at the rate of up to five cents per share but only after dividends at the rate of five cents per share have been paid or set aside on the Class B Non-Voting Shares. Class A Shares and Class B Non-Voting Shares therefore participate equally in dividends above $0.05 per share. On January 24, 2018, the Board declared a quarterly dividend of $0.48 per Class A Voting Share and Class B Non-Voting Share, to be paid on April 3, 2018, to shareholders of record on March 12, 2018.

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- Definition The entire disclosure for share capital, reserves and other equity interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2017-01-01 -Paragraph 79 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2017-03-01&anchor=para_79&doctype=Standard -URIDate 2017-03-09 + Details
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- Definition Share Capital, Reserves and Other Equity Interest [Abstract] + References No definition available. + Details
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