RE:Latest Announcement Yes the stock is looking not bad right now on PEG & dividend rate & debt repayment measures.
But the stock has a long way to go to get back to its heyday as a dividend grower. I think it will get there slow and steady but the market in Canada does not allow much growth. Defund CBC.
Also Corus radio stations are the most conservative in Canada which is nice to hear but this diminishes them in the poltically correct crowd (see my CBC comment). Even Toronto 640AM does mostly conservative talk. They should not have fired Mike Stafford however in my opinion.