Quebecor (TSE:QBR) – Analysts at Desjardins reduced their Q3 2018 earnings per share estimates for shares of Quebecor in a report released on Friday, August 10th. Desjardins analyst M. Yaghi now anticipates that the company will earn $0.49 per share for the quarter, down from their previous estimate of $0.50. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Quebecor’s Q4 2018 earnings at $0.44 EPS, FY2018 earnings at $1.76 EPS and FY2019 earnings at $1.77 EPS.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 18th. Shareholders of record on Friday, August 24th will be paid a dividend of $0.055 per share. This is a positive change from Quebecor’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Thursday, August 23rd. This represents a $0.22 dividend on an annualized basis and a yield of ∞.
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