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

Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) declared a monthly dividend on Friday, January 12th, TickerTech reports. Stockholders of record on Tuesday, January 30th will be given a dividend of 0.0988 per share on Tuesday, January 30th. This represents a $1.19 annualized dividend and a dividend yield of 4.13%. The ex-dividend date is Friday, January 12th.

Shaw Communications (TSE SJR.B) opened at C$28.68 on Friday. The firm has a market cap of $14,380.00, a PE ratio of 25.61 and a beta of 0.62. Shaw Communications has a 52 week low of C$26.48 and a 52 week high of C$30.44.

SJR.B has been the topic of several research reports. TD Securities raised their price target on shares of Shaw Communications from C$33.00 to C$34.00 and gave the stock a “buy” rating in a research note on Friday, December 1st. Echelon Wealth Partners raised shares of Shaw Communications from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Royal Bank of Canada decreased their price target on shares of Shaw Communications from C$31.00 to C$30.00 and set an “outperform” rating on the stock in a research note on Friday, October 27th. National Bank Financial decreased their price target on shares of Shaw Communications from C$30.00 to C$29.00 and set a “sector perform” rating on the stock in a research note on Friday, October 27th. Finally, Scotiabank downgraded shares of Shaw Communications from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from C$32.00 to C$30.00 in a research note on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of C$29.85.

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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.

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

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