Shaw Communications Inc (NYSE:SJR) (TSE:SJR.B) declared a jan 18 dividend on Thursday, January 11th, RTT News reports. Stockholders of record on Thursday, March 15th will be paid a dividend of 0.0988 per share on Wednesday, March 28th.
Shaw Communications has decreased its dividend payment by an average of 2.7% annually over the last three years. Shaw Communications has a payout ratio of 93.1% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Shaw Communications to earn $1.11 per share next year, which means the company should continue to be able to cover its $0.95 annual dividend with an expected future payout ratio of 85.6%.
Shares of Shaw Communications (NYSE SJR) traded down $0.49 on Thursday, hitting $22.25. 912,200 shares of the stock traded hands, compared to its average volume of 596,071. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.80 and a quick ratio of 0.72. Shaw Communications has a 1-year low of $20.13 and a 1-year high of $23.44. The firm has a market capitalization of $10,770.00, a PE ratio of 25.00, a PEG ratio of 4.53 and a beta of 0.96.
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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