Paramount Skydance Corporation (PSKY) To Go Ex-Dividend on September 15th

Paramount Skydance Corporation (NASDAQ:PSKY) declared a quarterly dividend on Tuesday, July 21st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.05 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

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

Paramount Skydance Price Performance

Shares of NASDAQ PSKY opened at $10.60 on Friday. Paramount Skydance has a fifty-two week low of $7.62 and a fifty-two week high of $20.86. The firm’s 50-day simple moving average is $9.62 and its 200 day simple moving average is $10.14. The company has a quick ratio of 0.88, a current ratio of 1.04 and a debt-to-equity ratio of 1.13. The stock has a market cap of $11.89 billion, a P/E ratio of 36.55, a P/E/G ratio of 1.01 and a beta of 1.50.

Paramount Skydance (NASDAQ:PSKY) last announced its earnings results on Tuesday, August 4th. The company reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. The firm had revenue of $6.91 billion during the quarter. Paramount Skydance had a negative net margin of 2.13% and a positive return on equity of 4.11%. Equities analysts expect that Paramount Skydance will post 0.56 EPS for the current year.

About Paramount Skydance

Paramount Skydance Corporation (NASDAQ: PSKY) is a global media and entertainment company formed through the combination of Paramount Global and Skydance Media. The company develops, produces and distributes feature films, television programming and other video content for audiences in the United States and international markets.

Its portfolio includes Paramount Pictures, CBS, Nickelodeon, MTV, Comedy Central, BET, Showtime and other well-known entertainment brands. Paramount Skydance also operates streaming services including Paramount+ and Pluto TV, as well as businesses involved in television broadcasting, news, sports and content licensing.

The company’s history includes Paramount Pictures, one of Hollywood’s longstanding film studios, and Skydance Media, a production company founded in 2010 by David Ellison.