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

Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) announced a monthly dividend on Thursday, November 14th, TickerTech reports. Shareholders of record on Thursday, November 28th will be given a dividend of 0.0988 per share on Thursday, November 28th. This represents a $1.19 annualized dividend and a yield of 4.37%. The ex-dividend date is Thursday, November 14th.

SJR.B traded up C$0.12 during trading hours on Tuesday, reaching C$27.10. The company’s stock had a trading volume of 993,149 shares, compared to its average volume of 1,000,000. Shaw Communications has a 52 week low of C$24.01 and a 52 week high of C$28.10. The company’s 50-day moving average is C$26.28 and its 200-day moving average is C$26.58. The company has a debt-to-equity ratio of 85.02, a quick ratio of 0.64 and a current ratio of 0.77. The firm has a market cap of $13.36 billion and a PE ratio of 19.08.

A number of equities research analysts recently weighed in on SJR.B shares. BMO Capital Markets dropped their price target on Shaw Communications from C$29.00 to C$28.00 in a research note on Monday, September 9th. Citigroup increased their price target on Shaw Communications from C$23.00 to C$24.00 in a research note on Tuesday, October 29th. CIBC dropped their price objective on shares of Shaw Communications from C$31.00 to C$29.00 in a research report on Tuesday, October 29th. Finally, TD Securities lowered shares of Shaw Communications from an “action list buy” rating to a “buy” rating and set a C$32.00 price objective on the stock. in a research report on Monday, October 21st.

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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