Shaw Communications Inc. Cl B (SJR) Raises March Monthly Dividend 7.8% to $0.080833; 4.9% Yield

Shaw Communications Inc. Cl B (NYSE: SJR) declared a monthly dividend of $0.080833 per share, or $0.969996 annualized. This is a 7.8% increase from the prior dividend of $0.075.

The dividend will be payable on March 29, 2012, to stockholders of record on March 15, 2012, with an ex-dividend date of March 13, 2012.

The annual yield on the dividend is 4.9 percent.

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