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

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Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) declared a monthly dividend on Wednesday, November 14th, TickerTech reports. Stockholders 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 annualized dividend and a dividend yield of 4.78%. The ex-dividend date is Wednesday, November 14th.

TSE SJR.B opened at C$24.79 on Friday. Shaw Communications has a 1-year low of C$24.31 and a 1-year high of C$30.44.

SJR.B has been the topic of a number of analyst reports. National Bank Financial reduced their price objective on Shaw Communications from C$28.00 to C$27.00 and set a “sector perform” rating on the stock in a research report on Friday, September 21st. TD Securities reduced their price objective on Shaw Communications from C$33.00 to C$32.00 and set an “action list buy” rating on the stock in a research report on Wednesday, September 5th. BMO Capital Markets reduced their price objective on Shaw Communications from C$28.00 to C$27.00 in a research report on Friday, October 26th. CIBC lifted their price objective on Shaw Communications from C$30.00 to C$31.00 in a research report on Friday, October 26th. Finally, Cormark lifted their price objective on Shaw Communications from C$30.25 to C$31.00 in a research report on Friday, October 26th. Two investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target 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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