Corus Entertainment Inc. announced that its Board of Directors has approved a $0.06 increase in its annual dividend. At the new rate, the dividend on an annual basis for the company's Class A and Class B Shares is $1.015 and $1.02 respectively, up from the previous rate of $0.955 and $0.96, respectively. The company's monthly dividend for holders of its Class A and Class B Shares will increase to $0.084583 and $0.085, respectively.

The dividend will be paid on each of February 28, 2013, March 28, 2013 and April 30, 2013 to shareholders of record at the close of business on February 14, 2013, March 14, 2013 and April 15, 2013, respectively.