Quebecor (TSE:QBR) to Issue $0.33 Quarterly Dividend

Quebecor (TSE:QBR) announced a quarterly dividend on Wednesday, August 7th, Zacks reports. Stockholders of record on Friday, August 23rd will be given a dividend of 0.325 per share on Tuesday, September 17th. This represents a $1.30 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, August 23rd.

Quebecor Price Performance

Quebecor (TSE:QBR) last posted its earnings results on Thursday, May 9th. The company reported C$0.66 earnings per share for the quarter, missing the consensus estimate of C$0.70 by C($0.04). The business had revenue of C$1.36 billion for the quarter, compared to the consensus estimate of C$1.36 billion.

Quebecor Company Profile

Quebecor Inc, together with its subsidiaries, operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, wireline and mobile telephony, business solutions, and over-the-top video services; and Helix, a technology platform that provides entertainment and home management with features, including voice remote, ultra-intelligent Wi-Fi, and support for home automation.