Desjardins Lowers Quebecor, Inc. (QBR) to Hold

Desjardins lowered shares of Quebecor, Inc. (TSE:QBR) from a buy rating to a hold rating in a report issued on Friday morning.

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The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 19th. Shareholders of record on Friday, November 24th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.22 dividend on an annualized basis and a yield of Infinity.

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