Telesat Corporation Class A Common Shares and Class B Variable Voting Shares (TSAT) Dividend History

Company News

• Vocus and Telesat announce multi-year Telesat Lightspeed terrestrial infrastructure and services contract

  Vocus and Telesat have announced a multi-year contract for Vocus to build and operate Australia's first Telesat Lightspeed Low Earth Orbit (LEO) Landing Station, providing connectivity to Telesat's advanced LEO satellite constellation.

  GlobeNewswire Inc.
• EchoStar (SATS) Reports Q2 Loss, Lags Revenue Estimates

  EchoStar reported a Q2 2024 loss of $0.76 per share, missing the Zacks Consensus Estimate of a $0.37 loss. The company's revenues of $3.95 billion also missed estimates. EchoStar's stock has outperformed the S&P 500 so far this year, but its earnings outlook is mixed.

  Zacks Investment Research

  Featured Companies: SATS
• Crude Oil Rises; Evolv Technologies Shares Spike Higher

  U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 65 points on Friday. The Dow traded up 0.32% to 35,289.89 while the NASDAQ fell 0.48% to 13,672.26. The S&P 500, also fell, dropping, 0.02% to 4,467.80. Check This Out: Amazon To Rally Over 66%? Here Are 10 Other Analyst Forecasts For Friday   Leading and Lagging Sectors Energy shares jumped by 1.2% on Friday. In trading on Friday, information technology shares fell by 1%.   Top Headline Spectrum Brands Holdings Inc (NYSE: SPB) reported better-than-expected earnings for its second quarter. The company posted a second-quarter 2023 sales decline of 10.1% year-on-year to $735.5 million, missing the analyst consensus estimate of $780.97 million. Adjusted EPS of $0.75 beat the analyst consensus estimate of $0.57. Spectrum Brands reiterated FY23 sales outlook of mid-single digit decline with foreign exchange expected to have a negative impact based upon current rates.   Equities Trading UP Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) shares shot up 30% to $7.59 after the company reported better-than-expected second-quarter financial results and raised FY23 revenue guidance above estimates. Shares of Telesat Corporation (NASDAQ: TSAT) got a boost, shooting 56% to $13.18 after the company reported second-quarter results and tapped MDA under a $2.1 billion deal as prime satellite manufacturer of advanced Telesat Lightspeed Low Earth ...

  Benzinga

  Featured Companies: EVLV MAXN RGTI SPB
• Why Telesat Stock Rocketed 50 Percent Today

  "Buying local" just saved Telesat $2 billion.

  The Motley Fool