Quebecor (TSE:QBR – Get Rating) announced a quarterly dividend on Wednesday, August 3rd, Zacks reports. Investors of record on Friday, August 19th will be paid a dividend of 0.30 per share on Tuesday, September 13th. This represents a $1.20 dividend on an annualized basis and a yield of ∞. The ex-dividend date of this dividend is Thursday, August 18th.
Quebecor Stock Performance
Quebecor (TSE:QBR – Get Rating) last posted its earnings results on Thursday, May 12th. The company reported C$0.54 earnings per share for the quarter, beating the consensus estimate of C$0.49 by C$0.05. The business had revenue of C$1.09 billion for the quarter, compared to analysts’ expectations of C$1.10 billion.
Analyst Ratings Changes
Separately, National Bank Financial upgraded shares of Quebecor from a “sector perform market weight” rating to an “outperform market weight” rating in a research note on Sunday, June 19th.
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