Shaw Communications Inc (TSE:SJR.B) to Issue $0.10 Monthly Dividend

Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) declared a monthly dividend on Friday, October 11th, TickerTech reports. Shareholders of record on Wednesday, October 30th will be paid a dividend of 0.0988 per share on Wednesday, October 30th. This represents a $1.19 annualized dividend and a yield of 4.56%. The ex-dividend date is Friday, October 11th.

Shaw Communications stock traded up C$0.02 during midday trading on Wednesday, hitting C$26.01. 159,292 shares of the company’s stock were exchanged, compared to its average volume of 1,000,000. The company has a debt-to-equity ratio of 85.76, a quick ratio of 0.63 and a current ratio of 0.76. Shaw Communications has a 12 month low of C$23.82 and a 12 month high of C$28.10. The firm has a 50-day moving average of C$26.07 and a two-hundred day moving average of C$26.81. The company has a market cap of $12.79 billion and a PE ratio of 16.97.

Several research analysts have issued reports on SJR.B shares. BMO Capital Markets dropped their target price on shares of Shaw Communications from C$29.00 to C$28.00 in a report on Monday, September 9th. TD Securities dropped their target price on shares of Shaw Communications from C$33.00 to C$32.00 and set an “action list buy” rating on the stock in a report on Friday, June 28th. Finally, Citigroup dropped their target price on shares of Shaw Communications from C$24.00 to C$23.00 in a report on Friday, June 28th.

Shaw Communications Company Profile

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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