Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s): CJREF

Communication Services

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.

TSX:CJR.B - Post by User

Corus Entertainment Inc. > Divy

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Comment by Dartmam32on Mar 06, 2023 11:07pm

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Post# 35322831

RE:Divy

Longer term, this announcement is very good. The company will still be yielding more than a 6% dividend and they will have a chance to reduce debt. Shorter term, some may not like that the dividend in June has been pushed back to August. But, like I said they can use the extra 2 months to pay off some debt. If you can wait 6 months I feel that Corus Entertainment could be a nice turnaround story. Patience is required, otherwise just sell and move on.

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A junior copper-gold stock trading at a bargain of monumental proportions