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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Bullboard Posts
Post by extremeriskon Jul 10, 2016 11:59am
272 Views
Post# 25039151

dividend yield

dividend yieldCombined company has 35 percent of Canadian market equal to bce. Bce dividend yields 4.3 and corus 8.6 so corus needs to double from current values. This continues to be a deep value and yield stock on the TSX. I think as they start issuing results investors will start to catch on. Also there new debt is super cheap and with 10 year yields droping to 1.3 from 1.8 just a month ago positions this well. Do not believe they have locked in any of this debt as they said they would on Last call. Unexpected interest rate drop is significant for corus and positions them well to lock in soon or I would let it ride as trend for rates is still down. I continue to add to my position when I can.
Bullboard Posts