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 2.61%. The ex-dividend date of this dividend is Thursday, December 14th.

Shares of Viacom (NASDAQ:VIA) traded up $0.35 during trading hours on Monday, hitting $30.60. 50,400 shares of the company were exchanged, compared to its average volume of 79,926. The company has a current ratio of 1.35, a quick ratio of 1.11 and a debt-to-equity ratio of 2.03. Viacom has a 12-month low of $28.20 and a 12-month high of $49.00. The company has a market capitalization of $10,140.00, a price-to-earnings ratio of 8.29 and a beta of 1.38.

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Several equities analysts have commented on VIA shares. Citigroup Inc. lowered shares of Viacom from a “neutral” rating to a “sell” rating in a research report on Monday, October 9th. UBS AG reiterated a “buy” rating and set a $45.00 price objective (down previously from $50.00) on shares of Viacom in a research report on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $40.60.

Viacom Company Profile

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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