Shaw Communications Inc (SJR.B) Announces $0.10 Monthly Dividend

Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) announced a monthly dividend on Thursday, June 13th, TickerTech reports. Shareholders of record on Thursday, June 27th will be given a dividend of 0.0988 per share on Thursday, June 27th. This represents a $1.19 annualized dividend and a yield of 4.28%. The ex-dividend date is Thursday, June 13th.

TSE SJR.B traded down C$0.02 on Friday, hitting C$27.71. 544,054 shares of the company were exchanged, compared to its average volume of 1,000,000. The company has a current ratio of 0.71, a quick ratio of 0.55 and a debt-to-equity ratio of 88.07. The company has a market cap of $13.46 billion and a PE ratio of 113.57. Shaw Communications has a twelve month low of C$24.31 and a twelve month high of C$30.44.

Separately, TD Securities lowered their target price on Shaw Communications from C$35.00 to C$33.00 and set an “action list buy” rating on the stock in a research note on Monday, April 15th.

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About Shaw Communications

Shaw Communications Inc operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides broadband Internet, Shaw Go WiFi, video, and digital phone services to residential customers; and Internet, data, WiFi, digital phone, and video services to business customers.

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Dividend History for Shaw Communications (TSE:SJR.B)

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