Viacom, Inc. (NASDAQ:VIA) declared a quarterly dividend on Friday, March 9th, Wall Street Journal reports. Shareholders of record on Thursday, March 15th will be paid a dividend of 0.20 per share on Tuesday, April 3rd. This represents a $0.80 annualized dividend and a yield of 2.06%. The ex-dividend date is Wednesday, March 14th.
Shares of Viacom (VIA) traded up $0.25 on Tuesday, reaching $38.85. 1,928 shares of the company’s stock traded hands, compared to its average volume of 43,985. The firm has a market capitalization of $15,510.25, a price-to-earnings ratio of 7.74 and a beta of 1.31. Viacom has a one year low of $28.20 and a one year high of $49.00. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 1.52.
Viacom (NASDAQ:VIA) last released its quarterly earnings results on Thursday, February 8th. The company reported $1.03 EPS for the quarter. The business had revenue of $3.07 billion for the quarter. Viacom had a net margin of 15.49% and a return on equity of 26.28%.
Several research firms have recently commented on VIA. Rosenblatt Securities reiterated a “sell” rating and issued a $45.00 price target on shares of Viacom in a research report on Tuesday, January 16th. Loop Capital reiterated a “hold” rating and issued a $27.00 price target (down from $28.00) on shares of Viacom in a research report on Wednesday, December 27th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the stock. Viacom presently has an average rating of “Hold” and a consensus price target of $39.00.
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Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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