Quebecor (TSE:QBR – Get Free Report) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Investors 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 yield of ∞. The ex-dividend date is Friday, November 22nd.
Quebecor Stock Performance
Quebecor (TSE:QBR – Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported C$0.82 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.83 by C($0.01). The business had revenue of C$1.39 billion during the quarter, compared to the consensus estimate of C$1.41 billion.
Analyst Ratings Changes
Separately, Scotiabank downgraded Quebecor from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 10th.
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.
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