Quebecor (TSE:QBR – Get Free Report) declared a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Stockholders of record on Friday, November 22nd will be paid a dividend of 0.325 per share on Tuesday, December 17th. This represents a $1.30 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Friday, November 22nd.
Quebecor Price Performance
Quebecor (TSE:QBR – Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported C$0.82 EPS for the quarter, missing the consensus estimate of C$0.83 by C($0.01). The firm had revenue of C$1.39 billion for the quarter, compared to analysts’ expectations of C$1.41 billion.
Analysts Set New Price Targets
Separately, Scotiabank cut Quebecor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th.
About Quebecor
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.
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