Viacom Declares Quarterly Dividend of $0.30 (VIA)
Viacom (NYSE:VIA) announced a quarterly dividend on Friday, January 17th, AmericanBankingNews.com reports. Investors of record on Friday, March 14th will be paid a dividend of 0.30 per share on Tuesday, April 1st. This represents a $1.20 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Wednesday, March 12th.
On the ratings front, analysts at Wunderlich raised their price target on shares of Viacom from $90.00 to $103.00 in a research note to investors on Friday, November 15th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $80.10.
Viacom (NYSE:VIA) traded down 2.18% during mid-day trading on Friday, hitting $83.28. The stock had a trading volume of 30,058 shares. Viacom has a 52 week low of $59.80 and a 52 week high of $88.20. The stock has a 50-day moving average of $84.21 and a 200-day moving average of $80.71. The company has a market cap of $37.141 billion and a P/E ratio of 17.61.
Viacom (NYSE:VIA) last issued its quarterly earnings data on Thursday, November 14th. The company reported $1.55 earnings per share (EPS) for the quarter.
Viacom Inc (NYSE:VIA) is an entertainment content company.
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