Viacom Inc. (VIA) Plans $0.20 Quarterly Dividend

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.

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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.

About Viacom

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.

Dividend History for Viacom (NASDAQ:VIA)

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