SJRWF Dividend Yield 2026: Shaw Communications Inc.

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): Shaw Communications Inc. (SJRWF) pays a $1.19 annual dividend ($0.10 monthly), yielding 2.93% at $30.01/share. Next ex-dividend date 2023-03-14. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 2.93%

Annual Dividend: $1.19 per share

Payout Ratio: 77.5%

Ex-Dividend Date: 2023-03-14

Dividend Frequency: monthly

Sector: Communication Services

Years of Dividend History: 7

About Shaw Communications Inc. Dividend

Shaw Communications Inc. is a Calgary-based connectivity provider delivering internet, television, and mobile services across Canada. The Shaw Communications Inc. dividend currently yields 2.93%, with a trailing annual rate of $1.1850 per share paid monthly. The last dividend payment was $0.0985 per share, with an ex-dividend date of March 14, 2023. With a beta of 0.337604, SJRWF stock moves well below the broader market, which appeals to income investors who prioritize low volatility over rapid price appreciation.

Dividend Safety

Shaw Communications Inc. pays out 77.5% of earnings as dividends, a payout ratio classified as high (above 75%). SJRWF serves residential consumers, businesses, and public-sector clients through wireline and wireless services, including its Freedom Mobile brand, providing a broad customer base that supports recurring revenue. Shaw Communications Inc. dividend safety faces its most visible pressure from that elevated payout ratio, which leaves limited room to absorb earnings declines without affecting the dividend.

Shaw Communications Inc. (SJRWF) Dividend Growth Rate, CAGR, and History

Shaw Communications Inc. dividend history shows a CAGR of 0.0% per year from 2018 to 2022. The per-share annual dividend held flat at $1.1820 throughout the entire window, from $1.1820 in 2018 to $1.1820 in 2022 (2023 data is a partial year and excluded from growth calculations). The largest annual increase in the window was 0.0% in 2019, meaning no growth occurred at any point across the measured period. For income investors focused on purchasing power, a flat dividend over four years is a meaningful trade-off.

Shaw Communications Inc. Dividend Growth Rate (CAGR)

Period	CAGR	From	To
5-Year	-24.2%	$1.18 (2018)	$0.30 (2023)

Is Shaw Communications Inc. a Good Dividend Stock?

SJRWF fits dividend investors who want monthly income from a low-volatility telecommunications stock and can accept zero dividend growth in exchange for yield. The current yield of 2.93% falls in the moderate (2-4%) range and sits nearly in line with the 5-year average of 2.96%, so there is no meaningful yield premium on offer today. Shaw Communications Inc. serves a broad base of residential and business customers across Canada through wireline and wireless operations, which supports recurring demand. The trade-off is clear: income arrives monthly and the stock barely moves, but the payout ratio of 77.5% is high and the dividend has not grown in years.

Recent Shaw Communications Inc. Dividend Payments

Payment Date	Amount per Share
2023-03-14	$0.0985
2023-02-14	$0.0985
2023-01-12	$0.0985
2022-12-14	$0.0985
2022-11-14	$0.0985
2022-10-13	$0.0985
2022-09-14	$0.0985
2022-08-12	$0.0985
2022-07-14	$0.0985
2022-06-14	$0.0985

Shaw Communications Inc. Annual Dividend History

Year	Total Dividends
2023	$0.2955
2022	$1.1820
2021	$1.1820
2020	$1.1820
2019	$1.1820

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Frequently Asked Questions

Does SJRWF pay dividends?

Yes, Shaw Communications Inc. (SJRWF) pays a $0.10 monthly dividend per share, yielding 2.93%.

How often does Shaw Communications Inc. pay dividends?

Shaw Communications Inc. pays dividends monthly. The last dividend was $0.0985 per share, with an ex-dividend date of March 14, 2023.

What is Shaw Communications Inc.'s current dividend yield?

The current SJRWF dividend yield is 2.93%. That sits just below the 5-year average yield of 2.96%, placing it in line with the stock's historical norm.

Has Shaw Communications Inc. ever cut its dividend?

No dividend cut appears in the available history from 2018 to 2022. The annual dividend held at $1.1820 per share across all five complete years in the data window.

How fast has Shaw Communications Inc. grown its dividend?

Shaw Communications Inc. has grown its dividend at a compound annual growth rate (CAGR) of 0.0% per year from 2018 to 2022. The per-share annual dividend did not increase at any point during that period.

Is Shaw Communications Inc. a good dividend stock for income investors?

Shaw Communications Inc. offers a moderate yield of 2.93% paid monthly, which suits income investors who prioritize payment frequency and low price volatility. The trade-off is a flat dividend with no growth over the 2018-2022 window and a high payout ratio of 77.5%.

Is Shaw Communications Inc. dividend safe?

The dividend has held flat without a cut through the available history, but a payout ratio of 77.5% is high and leaves limited cushion. Shaw Communications Inc. dividend safety depends on maintaining current earnings across its wireline and wireless operations.

How does Shaw Communications Inc. compare to its own historical yield?

The current yield of 2.93% is nearly identical to the 5-year average of 2.96%. Shaw Communications Inc. stock is trading close to its historical valuation range, with no significant yield expansion or compression.

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