CuriosityStream Inc. (CURI) to Distribute Quarterly Dividend of $0.09 on September 18th

CuriosityStream Inc. (NASDAQ:CURI) declared a quarterly dividend on Tuesday, August 11th. Stockholders of record on Friday, September 4th will be given a dividend of 0.085 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%. The ex-dividend date is Friday, September 4th.

CuriosityStream has a payout ratio of 1,133.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect CuriosityStream to earn $0.29 per share next year, which means the company may not be able to cover its $0.34 annual dividend with an expected future payout ratio of 117.2%.

CuriosityStream Stock Performance

Shares of NASDAQ CURI opened at $2.79 on Wednesday. The stock’s 50-day simple moving average is $2.71 and its 200-day simple moving average is $2.94. The firm has a market capitalization of $165.56 million, a PE ratio of 279.00 and a beta of 1.76. CuriosityStream has a fifty-two week low of $2.30 and a fifty-two week high of $5.51.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.11. The business had revenue of $23.25 million during the quarter, compared to the consensus estimate of $21.32 million. CuriosityStream had a net margin of 0.03% and a return on equity of 0.06%. On average, sell-side analysts forecast that CuriosityStream will post 0.2 earnings per share for the current fiscal year.

CuriosityStream Company Profile

CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.