Viacom Inc. (NASDAQ:VIA) declared a quarterly dividend on Monday, November 13th, Wall Street Journal reports. Investors of record on Friday, December 15th will be paid a dividend of 0.20 per share on Tuesday, January 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date of this dividend is Thursday, December 14th.
Viacom (VIA) opened at $30.15 on Tuesday. The company has a quick ratio of 1.11, a current ratio of 1.35 and a debt-to-equity ratio of 2.03. The stock has a market capitalization of $12,305.76, a price-to-earnings ratio of 8.29 and a beta of 1.38. Viacom has a 1-year low of $28.20 and a 1-year high of $49.00.
A number of brokerages recently issued reports on VIA. Citigroup Inc. cut Viacom from a “neutral” rating to a “sell” rating in a report on Monday, October 9th. UBS AG restated a “buy” rating and issued a $45.00 target price (down from $50.00) on shares of Viacom in a report on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $40.60.
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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