Paramount Skydance Corporation (NASDAQ:PSKY) Announces Quarterly Dividend of $0.05

Paramount Skydance Corporation (NASDAQ:PSKY) announced a quarterly dividend on Friday, April 17th. Investors of record on Monday, June 15th will be paid a dividend of 0.05 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis 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%per year over the last three years.

Paramount Skydance Stock Performance

Shares of Paramount Skydance stock traded down $0.02 during trading hours on Friday, hitting $10.47. 4,756,531 shares of the company were exchanged, compared to its average volume of 7,550,975. The company has a current ratio of 1.10, a quick ratio of 1.00 and a debt-to-equity ratio of 1.16. The business has a 50-day moving average of $10.64 and a 200-day moving average of $11.50. Paramount Skydance has a 1 year low of $8.61 and a 1 year high of $20.86. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 0.78 and a beta of 1.43.

Paramount Skydance (NASDAQ:PSKY) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $7.35 billion for the quarter. Paramount Skydance had a negative net margin of 2.08% and a positive return on equity of 4.58%. During the same period in the prior year, the firm posted $0.22 earnings per share. As a group, analysts expect that Paramount Skydance will post 0.55 EPS for the current fiscal year.

About Paramount Skydance

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.