Shaw Communications Inc (TSE:SJR.B) (NYSE:SJR) announced a monthly dividend on Thursday, September 12th, TickerTech reports. Investors of record on Friday, September 27th will be paid a dividend of 0.0988 per share on Friday, September 27th. This represents a $1.19 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Thursday, September 12th.

SJR.B stock traded down C$0.08 during midday trading on Wednesday, hitting C$26.48. The company’s stock had a trading volume of 191,066 shares, compared to its average volume of 1,000,000. The company has a quick ratio of 0.63, a current ratio of 0.76 and a debt-to-equity ratio of 85.76. Shaw Communications has a 12 month low of C$23.82 and a 12 month high of C$28.10. The company has a 50 day moving average of C$25.85 and a two-hundred day moving average of C$26.90. The firm has a market capitalization of $10.97 billion and a price-to-earnings ratio of 17.27.

In other Shaw Communications news, Senior Officer Peter Johnson sold 6,819 shares of the company’s stock in a transaction dated Friday, June 28th. The shares were sold at an average price of C$26.55, for a total value of C$181,044.45. Following the completion of the transaction, the insider now owns 33,181 shares in the company, valued at C$880,955.55.

A number of brokerages recently issued reports on SJR.B. Citigroup decreased their price target on Shaw Communications from C$24.00 to C$23.00 in a research note on Friday, June 28th. TD Securities reduced their target price on shares of 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 Friday, June 28th. Finally, BMO Capital Markets decreased their price target on shares of Shaw Communications from C$29.00 to C$28.00 in a research note on Monday.

Shaw Communications Company Profile

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

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