Shaw posts strong results, boosts dividend

CALGARY – Continued customer growth across all its products produced improvements in consolidated service revenue, operating income, and net income at Shaw Communications. In detailing second quarter financial results, the company also announced a dividend increase of 12% or $0.12 per share for both Class B and Class A shares. During the quarter ending Feb. 28th, Internet and digital subscribers increased by 40,694 to 1,389,333 and by 28,641 to 725,528 respectively. Digital phone lines increased 41,721 to 292,625, basic subscribers were up 6,625 to 2,220,082, and DTH customers increased 928 to 872,562. “We are pleased with the performance across our...