Shaw Communications Inc (USA)(NYSE:SJR) Declares Dividend of $0.0985.

Shaw Communications Inc (USA) (NYSE:SJR) had declared a cash dividend of $0.0985 on Jun 29, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Jun 29, 2016 share price, the yield comes out to be 6.1563%. The dividend payable date has been fixed on Sep 29, 2016.

In a different note, Barclays said it Initiates Coverage on Shaw Communications Inc (USA), according to a research note issued on Apr 5, 2016. The shares have been rated ‘Equal-weight’ by the firm.

Shaw Communications Inc (USA) (SJR) remained unchanged at the close of Friday session. Even as the volume increased to 6,77,567 ,the shares failed to make any impression and ended at 0 points or 0.00% at $19.2. The trading session commenced at $19.2 and the stock hit a high of $19.39 and touched $19.09 at the lower end. Considering that the stock pared all of the losses, it can be said as a positive sign. The share price has a 52-week high of $22.12 and the 52-week low is $15.66. The company has a market cap of $9,183 M and has approximately 47,82,74,480 outstanding shares.

Shaw Communications Inc (USA)(SJR) last announced its earnings results on Jan 14, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.42B. Analysts had an estimated revenue of $1.43B. Earnings per share were $0.43. Analysts had estimated an EPS of $0.48.

Shaw Communications Inc. (Shaw) is a diversified Canadian communications and media company. Shaw is engaged in the business of providing broadband cable television High-Speed Internet Home Phone telecommunications services (through Shaw Business) satellite direct-to-home services (through Shaw Direct) and engaging programming content (through Shaw Media). The Company operated through three principal business segments such as Cable consisted of cable television Internet Digital Phone and Shaw Business operations; Satellite consisted of direct-to-home (DTH) and Satellite Services; and Media consisted of television broadcasting. Shaw Media operates as conventional television networks in Canada Global Television and numerous specialty networks. It provides customers with entertainment information and communications services utilizing a variety of distribution technologies.

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