Quebecor hikes dividend 29%, sees bright future

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Montreal-based parent of Videotron says all of its major business segments grew in Q1

MONTREAL – Quebecor Inc. (TSE:QBR.B) is raising its quarterly dividend by 29 per cent, saying it’s very optimistic about future growth.

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The Montreal-based parent of Videotron says all of its major business segments grew in the first quarter, including its remaining media operations.

Total revenue grew five per cent to $975.4 million from $929 million, anchored by a $38.2 million increase from telecom.

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