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Shaw (TSX:SJR.B) declares dividend payable on preferred shares

Telecommunication
TSX:SJR.B
15 April 2021 14:00 (EDT)
Shaw Communications (SJR) - Executive Chair and CEO, Brad Shaw

Source: The Globe and Mail

Shaw declares dividends on Cumulative Redeemable Rate Reset Class 2 and Cumulative Redeemable Floating Rate Preferred Shares.

Shaw Communications Inc. (SJR) announced today that its Board of Directors has declared dividends of $0.17444 per Cumulative Redeemable Rate Reset Class 2 Preferred Share, Series A and $0.12956 per Cumulative Redeemable Floating Rate Class 2 Preferred Share, Series B, payable on June 30 to holders of record at the close of business on June 15, 2021.

The Series A Shares and Series B Shares are listed on the Toronto Stock Exchange under the respective ticker symbols SJR.PR.A and SJR.PR.B.

Shareholders will not be entitled to receive this dividend unless they are holders of record on the record date. There is no entitlement to any dividend prior to such date.

Shaw Communications is one of the biggest providers of Internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario.

The Wireline division consists of two divisions: Consumer and Business.

Consumer provides residential customers with broadband Internet, Shaw Go WiFi, video and digital phone.

Business provides business customers with Internet, data, WiFi, digital phone, and video services.

The Wireless division provides wireless voice and LTE data services.

Shaw is traded on the Toronto and New York stock exchanges and is included in the S&P/TSX 60 Index.

Shaw Communications Inc. (SJR) is up 1.89 per cent, trading at C$34.55 per share at 2 pm ET.

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