Shaw Announces 8% Increase in Dividends to $1.185 Per Annum

CALGARY, ALBERTA--(Marketwired - Jan. 14, 2015) - Shaw Communications Inc. ("Shaw") (TSX:SJR.B)(NYSE:SJR) announced today that its Board of Directors has increased the equivalent annual dividend rate to $1.185 on its Class B Non-Voting Participating Shares and $1.1825 on its Class A Participating Shares. This represents an increase of 8% or $.085 per share. Shaw's dividends are declared and paid on a monthly basis and this increase will commence March 30, 2015. Based on the January 13, 2015 closing stock price, the new dividend rate represents a yield of 3.8% on the Class B Non-Voting Participating Shares.

Shaw Announces 8% Increase in Dividends to $1.185 Per Annum