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

Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) announced a monthly dividend on Wednesday, November 14th, TickerTech reports. Investors of record on Thursday, November 29th will be given a dividend of 0.0988 per share on Thursday, November 29th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date is Wednesday, November 14th.

Shaw Communications stock opened at C$24.72 on Friday. Shaw Communications has a 52 week low of C$24.31 and a 52 week high of C$30.44.

Several equities analysts have commented on the stock. TD Securities raised their target price on shares of Shaw Communications from C$32.00 to C$33.00 and gave the company an “action list buy” rating in a research note on Friday, October 26th. CIBC raised their target price on shares of Shaw Communications from C$30.00 to C$31.00 in a research note on Friday, October 26th. BMO Capital Markets lowered their target price on shares of Shaw Communications from C$28.00 to C$27.00 in a research note on Friday, October 26th. Cormark raised their target price on shares of Shaw Communications from C$30.25 to C$31.00 in a research note on Friday, October 26th. Finally, National Bank Financial lowered their target price on shares of Shaw Communications from C$28.00 to C$27.00 and set a “sector perform” rating on the stock in a research note on Friday, September 21st. Two research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$30.00.

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About Shaw Communications

Shaw Communications Inc (Shaw) is a diversified connectivity provider. The Company operates through four divisions: Consumer, Wireless, Business Network Services and Business Infrastructure Services. Under the Consumer division, the Company offers Cable telecommunications and Satellite video services to residential customers.

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

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