Is Shaw Communications a good dividend stock?

Shaw Communications (TSE:SJR.B) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 2.93%. The dividend payout ratio is 80.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for SJR.B .

How do I buy shares of Shaw Communications?

Shares of SJR.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:SJR.B

Shaw Communications (SJR.B) Stock Price, News & Analysis

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Today's Range: N/A
50-Day Range: C$40.48
▼
C$40.48
52-Week Range: N/A

Volume: 6.72 million shs
Average Volume: 2.03 million shs
Market Capitalization: C$19.32 billion

P/E Ratio: 27.54
Dividend Yield: 2.93%
Price Target: N/A

Stock Analysis

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About Shaw Communications Stock (TSE:SJR.B)

Shaw Communications Inc. operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides broadband Internet, Shaw Go WiFi, video, and digital phone services to residential customers; and Internet, data, WiFi, digital phone, and video services to business customers. The Wireless segment provides wireless voice and data communications services for customers. The company was formerly known as Shaw Cable systems Ltd. and changed its name to Shaw Communications Inc. in May 1993. Shaw Communications Inc. was founded in 1966 and is based in Calgary, Canada.

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SJR.B Stock News Headlines

June 21, 2023 | health.usnews.com

Nicole B. Shaw

March 31, 2023 | msn.com

Shaw Gains after Approval for Rogers’ C$20B Takeover

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

March 31, 2023 | theglobeandmail.com

Ottawa allows Rogers to complete $20-billion takeover of Shaw with conditions, financial penalties if promises not kept

March 28, 2023 | msn.com

Rogers CEO’s Pay Package is Just One More Reason Investors Should Keep Away From Stock

March 21, 2023 | reuters.com

SJR.B - | Stock Price & Latest News | Reuters

February 17, 2023 | msn.com

Telecoms extend deadline to close Rogers-Shaw deal to March 31

December 30, 2022 | seekingalpha.com

Rogers And Shaw Communications Deal Moves Forward After Almost 2 Years

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December 22, 2022 | theglobeandmail.com

Competition tribunal yet to decide on Roger-Shaw merger, will give notice ahead of decision

December 16, 2022 | marketwatch.com

Shaw Communications Inc. Cl B NV stock outperforms market despite losses on the day

December 14, 2022 | marketwatch.com

Shaw Communications Inc. Cl B NV stock rises Wednesday, outperforms market

November 23, 2022 | ca.finance.yahoo.com

Competition watchdog pushes back on concerns Shaw has about its business

November 15, 2022 | ca.finance.yahoo.com

Disney+ is Now Only a Voice Command Away on Shaw TV and Shaw Stream

November 1, 2022 | theglobeandmail.com

Competition Bureau seeks full block of Rogers-Shaw deal

October 20, 2022 | fool.com

Shaw Communications (NYSE: SJR)

September 8, 2022 | msn.com

Why Rogers Communications Stock Fell to 2-Year Lows This Week

September 6, 2022 | barrons.com

Premarket Movers: ADT, Samsara, Shaw Communications B

July 15, 2022 | msn.com

Uncertainty in the Telecom Sector: 3 Stocks to Keep an Eye on

July 14, 2022 | marketwatch.com

Shaw Communications Inc. Cl B NV stock falls Wednesday, underperforms market

July 1, 2022 | theglobeandmail.com

Shaw Announces Third Quarter and Year-to-Date Fiscal 2022 Results

June 24, 2022 | ca.finance.yahoo.com

Rogers, Shaw, Competition Bureau agree to mediation process on $26 billion deal

June 3, 2022 | msn.com

Rogers files challenge to Competition Bureau efforts to block its takeover of Shaw

May 27, 2022 | stockhouse.com

Shaw Marks Shaw Charity Classic 10th anniversary With $1 Million to Support 260 Kids and Youth Charities in Alberta

April 30, 2022 | thestreet.com

Shaw Communications Inc. Class B

April 25, 2022 | msn.com

'No more fake competition' in Canada's telecom sector: Globalive's Lacavera

April 24, 2022 | theglobeandmail.com

Globalive criticizes Freedom Mobile sale process as bidders circle

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Business Services
Industry: Telecom Services
Sub-Industry: N/A
Current Symbol: TSE:SJR.B
CUSIP: N/A
CIK: N/A
Web: www.shaw.ca
Phone: +1-403-7504500
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): C$1.47
Trailing P/E Ratio: 27.54
Forward P/E Ratio: N/A
P/E Growth: 3.08
Net Income: C$736 million
Net Margins: 13.55%
Pretax Margin: N/A
Return on Equity: 11.76%
Return on Assets: 5.10%

Debt

Debt-to-Equity Ratio: 91.34
Current Ratio: 0.68
Quick Ratio: 0.56

Sales & Book Value

Annual Sales: C$5.43 billion
Price / Sales: 0.00
Cash Flow: N/A
Price / Cash Flow: 43.54
Book Value: C$12.83 per share
Price / Book: N/A

Miscellaneous

Outstanding Shares: 477,360,000
Free Float: N/A
Market Cap: C$19.32 billion
Optionable: Not Optionable
Beta: 0.34

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Key Executives

Mr. James Robert Shaw O.C. (Age 85)
A.O.E., Founder & Exec. Chairman
Mr. Bradley S. Shaw (Age 55)
CEO & Non-Independent Director
Mr. Jay Mehr
Pres
Mr. Trevor English (Age 45)
Exec. VP and Chief Financial & Corp. Devel. Officer
Mr. Zoran Stakic
COO & CTO

Key Competitors

View All Competitors

Should I Buy Shaw Communications Stock? SJR.B Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Shaw Communications Inc:

Shaw Communications Inc has shown a consistent increase in institutional ownership percentage over the past year, indicating growing confidence from larger investors.
Recent developments in Shaw Communications Inc's technology infrastructure have positioned the company well for future growth and innovation in the telecommunications sector.
With a current stock price of $XX.XX, Shaw Communications Inc offers an attractive entry point for investors looking to capitalize on potential price appreciation.
Shaw Communications Inc's strong fifty-two week performance of X.XX% showcases the company's resilience and ability to deliver returns to shareholders.
The company's average daily volume of XXX,XXX shares traded indicates active investor interest and liquidity in the stock.

Cons

Investors should be bearish about investing in Shaw Communications Inc for these reasons:

Shaw Communications Inc's float size of 0 may raise concerns about stock liquidity and potential price volatility due to limited available shares for trading.
The company's outstanding shares of 0 could indicate potential dilution risks for existing shareholders if new shares are issued in the future.
Shaw Communications Inc's short percentage of float at 0% suggests limited short interest, which may impact price discovery and trading dynamics in the market.
Despite recent positive developments, Shaw Communications Inc faces competition from other major players in the telecommunications industry, which could impact its market share and profitability.
The company's month-to-month change percentage of X.XX% may indicate short-term volatility in the stock price, requiring investors to closely monitor market trends.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Shaw Communications pros and cons to contact@marketbeat.com.

SJR.B Stock Analysis - Frequently Asked Questions

Is Shaw Communications a good dividend stock?: Shaw Communications (TSE:SJR.B) pays an annual dividend of C$1.19 per share and currently has a dividend yield of 2.93%. The dividend payout ratio is 80.95%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SJR.B.
How do I buy shares of Shaw Communications?: Shares of SJR.B stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:SJR.B) was last updated on 4/18/2024 by MarketBeat.com Staff

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