10:12 AM EST - Shaw Communications Inc. : is boosting its annual dividend nine per cent even as fourth-quarter profit fell to $136 million from a year-ago $210 million. Net income for the quarter ended Aug. 31 amounted to 31 cents per share for the quarter ended Aug. 31 and compared with 49 cents per share a year ago, the Calgary-based firm reported Friday. Analysts' consensus forecast was for earnings of 19 cents a diluted share, before one-time items, according to Thomson Financial. Service revenue rose 13 per cent to $715.5 million. Shaw Communications Inc.
shares T.SJR.B are trading up 20 cents at $26.23.