Viacom, Inc. (NASDAQ:VIA) declared a quarterly dividend on Friday, March 9th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date is Wednesday, March 14th.
Shares of Viacom (VIA) traded down $0.33 during trading hours on Tuesday, hitting $38.67. 8,466 shares of the company were exchanged, compared to its average volume of 42,357. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 1.52. The stock has a market cap of $15,630.95, a P/E ratio of 7.73 and a beta of 1.31. Viacom has a 52 week low of $28.20 and a 52 week high of $49.00.
Viacom (NASDAQ:VIA) last issued its quarterly earnings results on Thursday, February 8th. The company reported $1.03 earnings per share for the quarter. The company 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%.
VIA has been the topic of a number of research analyst reports. Rosenblatt Securities reissued a “sell” rating and issued a $45.00 price target on shares of Viacom in a report on Tuesday, January 16th. Loop Capital reissued a “hold” rating and issued a $27.00 price target (down from $28.00) on shares of Viacom in a report on Wednesday, December 27th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $39.00.
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Viacom Company Profile
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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