NEW YORK ( TheStreet) -- The ex-dividend date for Shaw Communications (NYSE: SJR) is Monday, June 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 $21.14 as of 10:02 a.m. ET, the dividend yield is 4.5%.

The average volume for Shaw has been 106,100 shares per day over the past 30 days. Shaw has a market cap of $8.7 billion and is part of the services sector and media industry. Shares are down 0.8% year to date as of the close of trading on Thursday.

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 21.6, above the average media industry P/E ratio of 20.8 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Shaw as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full Shaw Ratings Report.

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