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

Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) announced a monthly dividend on Monday, January 14th, TickerTech reports. Stockholders of record on Wednesday, January 30th will be paid a dividend of 0.0988 per share on Wednesday, January 30th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 4.65%. The ex-dividend date is Monday, January 14th.

TSE:SJR.B opened at C$25.48 on Wednesday. Shaw Communications has a one year low of C$24.31 and a one year high of C$30.44.

SJR.B has been the topic of several analyst reports. TD Securities set a C$34.00 price target on shares of Shaw Communications and gave the company an “action list buy” rating in a report on Monday. CIBC boosted their price target on shares of Shaw Communications from C$30.00 to C$31.00 in a report on Friday, October 26th. BMO Capital Markets lowered their price target on shares of Shaw Communications from C$28.00 to C$27.00 in a report on Friday, October 26th. Cormark boosted their price target on shares of Shaw Communications from C$30.25 to C$31.00 in a report on Friday, October 26th. Finally, National Bank Financial lowered their price target on shares of Shaw Communications from C$28.00 to C$27.00 and set a “sector perform” rating on the stock in a report on Friday, September 21st. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of C$30.10.

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Shaw Communications Company Profile

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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