Versant Corporation (NASDAQ:VSNT) to Issue Quarterly Dividend of $0.38

Versant Corporation (NASDAQ:VSNT) announced a quarterly dividend on Tuesday, November 3rd. Shareholders of record on Monday, January 4th will be paid a dividend of $0.3750 per share on Monday, January 25th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, January 4th.

Versant Price Performance

Versant stock opened at $32.74 on Wednesday. The company’s 50 day simple moving average is $34.24 and its 200-day simple moving average is $36.25. Versant has a 1 year low of $27.17 and a 1 year high of $59.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.38 and a quick ratio of 2.38.

Versant (NASDAQ:VSNT) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. The company had revenue of $1.59 billion for the quarter. Equities research analysts forecast that Versant will post 4.10 EPS for the current year.

About Versant

Versant, Inc (NASDAQ: VSNT) is a media and entertainment company formed from selected cable television and digital assets formerly owned by Comcast’s NBCUniversal division. The company develops, produces, distributes and markets entertainment, news, sports and lifestyle content across television networks and digital platforms.

Versant’s portfolio includes USA Network, E!, SYFY, Oxygen, Golf Channel and related digital properties. Its assets also include Fandango and Rotten Tomatoes, which provide movie-ticketing, entertainment information and media-review services.