The ex-dividend date for Shaw Communications (NYSE:SJR) is tomorrow, April 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $21.48 as of 9:52 a.m., the dividend yield is 4.3%.
NEW YORK ( TheStreet) -- The ex-dividend date for Shaw Communications (NYSE: SJR) is tomorrow, April 13, 2011. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $21.48 as of 9:52 a.m. ET, the dividend yield is 4.3%. The average volume for Shaw has been 122,700 shares per day over the past 30 days. Shaw has a market cap of $9.4 billion and is part of the services sector and media industry. Shares are up 1.9% year to date as of the close of trading on Monday. Shaw Communications Inc., a diversified communications company, provides broadband cable television, Internet, digital phone, telecommunications, and satellite direct-to-home (DTH) services primarily in Canada and the United States. The company has a P/E ratio of 22, below the average media industry P/E ratio of 22.9 and above the S&P 500 P/E ratio of 16.6.
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TheStreet Ratings rates Shaw as hold. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and generally poor debt management. You can view the full Shaw Ratings Report. See our dividend calendar or top-yielding stocks list.