Shaw Stock To Go Ex-dividend Monday (SJR)

NEW YORK ( TheStreet) -- The ex-dividend date for Shaw Communications (NYSE: SJR) is Monday, February 13, 2012. Owners of shares as of market close today will be eligible for a dividend of 8 cents per share. At a price of $19.74 as of 9:30 a.m. ET, the dividend yield is 4.8%.

The average volume for Shaw has been 179,600 shares per day over the past 30 days. Shaw has a market cap of $8.18 billion and is part of the services sector and media industry. Shares are down 0.1% 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 15.6, above the average media industry P/E ratio of 13.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Shaw as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth, attractive valuation levels, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full Shaw Ratings Report.

See our dividend calendar or top-yielding stocks list.
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