Shaw Declares 3 Months of Dividend Payments

Before you go, we thought you'd like these...
Before you go close icon

Canadian cable TV provider Shaw Communications  announced yesterday three months of dividend payments on its Class A and Class B stock. It said the payouts would be $0.085 per share on the Class B shares and $0.084792 per share on the Class A shares.

The board of directors said the monthly dividends, which are designated as "eligible" dividends for Canadian tax purposes, are payable on each of Sept. 27, Oct. 30, and Nov. 28 to holders of record at the close of business on Sept. 13, Oct. 15, and Nov. 15, respectively. The cable TV provider has made monthly payouts to investors since 2009.

The regular dividend payment equates to a $1.02-per-share annual dividend, yielding 4.2% based on the closing price of Shaw Communications' stock on June 28.

SJR Dividend Chart

SJR Dividend data by YCharts

The article Shaw Declares 3 Months of Dividend Payments originally appeared on

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners