Versant Corporation (VSNT) to Issue Quarterly Dividend of $0.38 on October 22nd

Versant Corporation (NASDAQ:VSNT) announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.3750 per share on Thursday, October 22nd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Thursday, October 1st.

Versant Stock Performance

Shares of VSNT stock opened at $32.46 on Tuesday. Versant has a 12-month low of $27.17 and a 12-month high of $59.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a market capitalization of $4.51 billion and a price-to-earnings ratio of 9.33. The business has a 50 day simple moving average of $37.42 and a 200 day simple moving average of $38.41.

Versant (NASDAQ:VSNT) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.10. The business had revenue of $1.64 billion for the quarter. On average, equities research analysts anticipate that Versant will post 4.08 EPS for the current year.

Versant Company Profile

Versant, Inc is a media and entertainment company formed through the separation of certain cable television and digital media assets from Comcast. The company operates a portfolio of entertainment, news, sports and lifestyle brands serving audiences in the United States and internationally through television networks, digital platforms and related content services.

Versant’s portfolio includes USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel, along with digital properties such as Fandango and Rotten Tomatoes.