Paramount Skydance Corporation (NASDAQ:PSKY) Plans $0.05 Quarterly Dividend

by · The Cerbat Gem

Paramount Skydance Corporation (NASDAQ:PSKY – Get Free Report) announced a quarterly dividend on Monday, December 8th, NASDAQ Dividends reports. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.05 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, December 18th.

Paramount Skydance has decreased its dividend by an average of 0.2%per year over the last three years.

Paramount Skydance Price Performance

Shares of NASDAQ PSKY traded up $0.08 during midday trading on Wednesday, reaching $14.72. 14,619,960 shares of the stock traded hands, compared to its average volume of 10,744,421. The stock has a 50 day moving average of $16.21. Paramount Skydance has a one year low of $9.95 and a one year high of $20.86. The company has a quick ratio of 1.16, a current ratio of 1.34 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $15.77 billion, a PE ratio of -490.50 and a beta of 1.16.

Paramount Skydance (NASDAQ:PSKY – Get Free Report) last released its quarterly earnings data on Monday, November 10th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.37). The business had revenue of $6.73 billion for the quarter, compared to the consensus estimate of $6.79 billion. Paramount Skydance had a negative net margin of 0.95% and a positive return on equity of 3.95%. Paramount Skydance’s revenue for the quarter was up 0% compared to the same quarter last year. During the same quarter last year, the business earned $0.49 EPS.

About Paramount Skydance

(Get Free Report)

Paramount Global is a media and entertainment company which creates premium content and experiences for audiences. The company’s portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount , Pluto TV and Simon & Schuster, among others.

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