Corus Entertainment Inc
CJREF:OTC Pink - Current Information
| Last | Change / % Change | Dividend Yield | Volume | Avg Volume (10 day) |
| 24.91 | 0.207 0.84% | 4.19% | 1,911 | 4.4K |
Market data is delayed by at least 20 minutes.
Latest News Headlines for Corus Entertainment Inc
Corus Entertainment Announces Fiscal 2013 First Quarter Results
Corus Entertainment Inc. (TSX: CJR.B) announced its first quarter financial results today.
"Corus has delivered a solid first quarter, achieving double-digit
segment profit growth in Radio, strong Women's advertising sales,
subscriber gains on Pay television and continued success in controlling
costs, which was partially offset by soft results in our Kids
business," said John Cassaday, President and Chief Executive Officer,
Corus Entertainment. "Looking ahead, we expect our strong ratings
momentum on Oprah Winfrey Network, ABC Spark and Nickelodeon will
contribute to revenue growth as the fiscal year progresses."
Corus Entertainment Announces Fiscal 2013 First Quarter Results
--
Monthly dividend increased 6.25%
--
Net income attributable to shareholders up 3%
--
Basic earnings per share attributable to shareholders up 3%
--
Segment profit up 2%
--
Strong segment profit margins for Television (45%) and Radio (36%)
Corus Entertainment Announces 6.25% Dividend Increase for Class A and Class B Shareholders
View more recent headlinesCorus Entertainment Inc. (TSX: CJR.B) announced today that its Board of Directors has approved
a $0.06 increase in its annual dividend.
At the new rate, the dividend on an annual basis for the Company's Class
A and Class B Shares is $1.015 and $1.02 respectively, up from the
previous rate of $0.955 and $0.96, respectively.
Company Background
Corus Entertainment Inc. (Corus) is a media and entertainment company. Corus is engaged in specialty television and radio with additional assets in pay television, television broadcasting, children's book publishing and children's animation. Corus' television services include the kids brands YTV, Treehouse, Nickelodeon (Canada), TELETOON (50%) and TELETOON Retro (50%), and the women's brands W Network, Cosmopolitan TV, OWN: Oprah Winfrey Network (Canada) and W Movies. Additional assets include CMT (Canada), Sundance Channel (Canada), DUSK and Telelatino; western Canada's pay TV service Movie Central, with nine multiplex channels including HBO Canada, and three local over-the-air television stations. Corus owns 37 radio stations. The Company's portfolio includes a network of news-talk radio stations that provide Canadians with news and talk radio, as well as classic, rock, country, new rock and contemporary music formats. Its asset includes Nelvana.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 24.78 | Previous Close 24.703 |
Day High 24.956 | Day Low 24.78 |
52wk High/Date 25.09 / 5/1/2012 | 52wk Low/Date 20.26 / 1/18/2012 |
% off 52wk High -0.72% | % off 52wk Low 22.95% |
Beta (5 Yr) 1.2 | Market Capitalization 2.0B |
Shares Outstanding 80.3M | Volatility Avg 21.87 |
EPS(TTM) 1.82 | P/E Ratio 13.7x |
Dividend Announcement 1/14/2013 | Yield 4.19% |
Ex-Date 2/12/2013 | Date of Record 2/14/2013 |
Payable 0.0862 - MNTH | Payable Date 2/28/2013 |
Last Trade as of 1/18/2013 3:28 PM ET | |
CJREF Corus Entertainment Inc vs. Peers
| Peers | |
|---|---|
CJREF Corus Entertainment Inc | -0.39% |
The Walt Disney Company | 5.26% |
Time Warner Inc. | 3.28% |
Viacom, Inc. | 9.20% |
CJREF Corus Entertainment Inc | 4.20% |
The Walt Disney Company | 1.43% |
Time Warner Inc. | 2.11% |
Viacom, Inc. | 1.91% |
CJREF Corus Entertainment Inc | 0.84% |
The Walt Disney Company | -0.13% |
Time Warner Inc. | 1.07% |
Viacom, Inc. | 0.50% |