Paramount Skydance Corporation (PSKY) to Issue Quarterly Dividend of $0.05 on July 1st

Paramount Skydance Corporation (NASDAQ:PSKY) declared a quarterly dividend on Friday, April 17th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.05 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 1.9%. The ex-dividend date is Monday, June 15th.

Paramount Skydance has decreased its dividend payment by an average of 0.3%per year over the last three years.

Paramount Skydance Trading Down 0.2%

Paramount Skydance stock traded down $0.02 during mid-day trading on Friday, hitting $10.47. The company’s stock had a trading volume of 4,756,531 shares, compared to its average volume of 7,550,975. The company has a 50 day moving average of $10.64 and a 200-day moving average of $11.50. The stock has a market cap of $11.72 billion, a PE ratio of 18.37, a P/E/G ratio of 0.78 and a beta of 1.43. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.10. Paramount Skydance has a one year low of $8.61 and a one year high of $20.86.

Paramount Skydance (NASDAQ:PSKY) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.08. Paramount Skydance had a positive return on equity of 4.58% and a negative net margin of 2.08%.The business had revenue of $7.35 billion for the quarter. During the same period in the previous year, the company posted $0.22 EPS. On average, research analysts anticipate that Paramount Skydance will post 0.55 EPS for the current year.

About Paramount Skydance

Paramount Skydance Media Group (Nasdaq: PSKY) is a media and entertainment company created through the proposed combination of Paramount Global’s filmed entertainment and streaming operations with Skydance Media, a privately held content studio. The combined business will encompass the development, production and distribution of feature films, television programming and digital content, drawing on a library of legacy Paramount Pictures franchises alongside Skydance’s blockbuster tentpoles and animation slate.