Jeffrey Mehr Sells 40,000 Shares of Shaw Communications Inc (SJR.B) Stock
Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) Senior Officer Jeffrey Mehr sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 6th. The shares were sold at an average price of C$27.17, for a total transaction of C$1,086,800.00. Following the completion of the sale, the insider now owns 7,230 shares in the company, valued at C$196,439.10.
Shares of TSE SJR.B opened at C$27.08 on Tuesday. The company has a market capitalization of $13.15 billion and a P/E ratio of 110.98. Shaw Communications Inc has a 1 year low of C$24.31 and a 1 year high of C$30.44. The company has a debt-to-equity ratio of 88.07, a current ratio of 0.71 and a quick ratio of 0.55.
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, February 27th. Investors of record on Wednesday, February 27th will be issued a $0.0988 dividend. The ex-dividend date is Thursday, February 14th. This represents a $1.19 dividend on an annualized basis and a yield of 4.38%. Shaw Communications’s dividend payout ratio (DPR) is presently 487.70%.
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About Shaw Communications
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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