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

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

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

Paramount Skydance Trading Down 0.2%

Shares of PSKY 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’s fifty day simple moving average is $10.64 and its 200-day simple moving average is $11.50. Paramount Skydance has a 52 week low of $8.61 and a 52 week high of $20.86. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.00 and a current ratio of 1.10. The company 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.

Paramount Skydance (NASDAQ:PSKYGet Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, beating 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 during the quarter. During the same period in the previous year, the firm earned $0.22 earnings per share. As a group, equities research analysts expect that Paramount Skydance will post 0.55 earnings per share for the current fiscal year.

About Paramount Skydance

(Get Free Report)

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.

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