Shaw Communications says board will consider dividend increase Shaw Communications stated, "This morning the Board of Directors is meeting and will be considering a dividend increase. A separate press release will be issued."
Shaw Communications reports Q2 EPS 34c, consensus 39c Reports Q2 revenue $1.34B, consensus $1.35B. The current periods included restructuring costs and higher amortization and net other costs and revenue, partially offset by improved operating income before restructuring costs and amortization and lower income taxes. In the prior year, the change in net other costs and revenue included the gain on sale of Historia and Series+ while the current year includes the equity loss of a joint venture offset by distributions received from a venture capital fund investment.