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Shaw Communications (TSXV:SJR.A) Dividend Payout Ratio : 0.87 (As of Nov. 2022)


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What is Shaw Communications Dividend Payout Ratio?

Shaw Communications's dividend payout ratio for the months ended in Nov. 2022 was 0.87.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Shaw Communications Inc is 0.81, which seems too high.

The historical rank and industry rank for Shaw Communications's Dividend Payout Ratio or its related term are showing as below:

TSXV:SJR.A' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.83   Max: 19.75
Current: 0.8


During the past 13 years, the highest Dividend Payout Ratio of Shaw Communications was 19.75. The lowest was 0.58. And the median was 0.83.

TSXV:SJR.A's Dividend Payout Ratio is not ranked
in the Telecommunication Services industry.
Industry Median: 0.56 vs TSXV:SJR.A: 0.80

As of today (2024-05-05), the Dividend Yield % of Shaw Communications is 2.93%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Shaw Communications was 6.20%. The lowest was 2.92%. And the median was 4.26%.

Shaw Communications's Dividends per Share for the months ended in Nov. 2022 was C$0.30.

During the past 10 years, the average Dividends Per Share Growth Rate was 2.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Shaw Communications was 114.00% per year. The lowest was 1.00% per year. And the median was 7.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Shaw Communications Dividend Payout Ratio Historical Data

The historical data trend for Shaw Communications's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shaw Communications Dividend Payout Ratio Chart

Shaw Communications Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.72 0.84 0.90 0.61 0.78

Shaw Communications Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.76 0.72 0.90 0.87

Competitive Comparison of Shaw Communications's Dividend Payout Ratio

For the Telecom Services subindustry, Shaw Communications's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shaw Communications's Dividend Payout Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Shaw Communications's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Shaw Communications's Dividend Payout Ratio falls into.



Shaw Communications Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Shaw Communications's Dividend Payout Ratio for the fiscal year that ended in Aug. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Aug. 2022 )/ EPS without NRI (A: Aug. 2022 )
=1.183/ 1.52
=0.78

Shaw Communications's Dividend Payout Ratio for the quarter that ended in Nov. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2022 )/ EPS without NRI (Q: Nov. 2022 )
=0.296/ 0.34
=0.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shaw Communications (TSXV:SJR.A) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Shaw Communications Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Shaw Communications's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shaw Communications (TSXV:SJR.A) Business Description

Traded in Other Exchanges
N/A
Address
630 - 3rd Avenue S.W., Suite 900, Finance Department, Calgary, AB, CAN, T2P 4L4
Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw now also offers wireless service over most of Canada's population footprint after acquiring Wind Mobile in 2016. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

Shaw Communications (TSXV:SJR.A) Headlines

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