National Bank Financial downgraded shares of DHX Media Ltd. (TSE:DHX) from an outperform market weight rating to a sector perform market weight rating in a research report released on Thursday.

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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Friday, October 13th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.91%. This is an increase from DHX Media’s previous quarterly dividend of $0.01. The ex-dividend date is Thursday, October 12th.

DHX Media Company Profile

DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company creates, produces and licenses of family entertainment rights. DHX owns, markets and distributes over 8,500 half hours of children’s entertainment content, and exploits owned properties through its consumer products licensing business.

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