Shaw Stock To Go Ex-dividend Tomorrow (SJR)

NEW YORK ( TheStreet) -- The ex-dividend date for Shaw Communications (NYSE: SJR) is tomorrow, January 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $20.08 as of 9:30 a.m. ET, the dividend yield is 4.6%.

The average volume for Shaw has been 181,500 shares per day over the past 30 days. Shaw has a market cap of $8.27 billion and is part of the services sector and media industry. Shares are up 0.7% 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 15.6, below the average media industry P/E ratio of 18.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Shaw as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, 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.
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