Paramount Global dividend – PARAMOUNT GLOBAL Declares Cash Dividend of 0.24 per Share
March 14, 2023
Dividends Yield
PARAMOUNT GLOBAL ($NASDAQ:PARA) has declared a cash dividend of 0.24 per share on March 11 2023. This is good news for those looking for dividend stocks to add to their investment portfolio. With the ex-dividend date set for March 17 2023, interested investors should act quickly in order to obtain this dividend.
Investors need to consider the risks associated with a dividend stock, such as a possible decrease in price due to a decrease in earnings growth or a change in government policies. Moreover, the amount of dividend paid may differ from year to year, depending on the company’s financial position.
Stock Price
This dividend is expected to be taxed as ordinary income to the shareholders. The company’s management team hopes that this dividend declaration will reward loyal shareholders and encourage additional investments in the company’s stock. PARAMOUNT GLOBAL has consistently rewarded its shareholders with dividends over the years and is committed to returning value through its dividend policy. The company also plans to continue to invest in its core business activities in order to deliver long-term value to its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Paramount Global. More…
| Total Revenues | Net Income | Net Margin |
| 30.15k | 1.1k | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paramount Global. More…
| Operations | Investing | Financing |
| 219 | -526 | -2.98k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Paramount Global. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 58.39k | 34.79k | 35.44 |
Key Ratios Snapshot
Some of the financial key ratios for Paramount Global are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.7% | -14.6% | 7.3% |
| FCF Margin | ROE | ROA |
| -0.5% | 6.0% | 2.4% |
Analysis
At GoodWhale, we have conducted an extensive analysis of PARAMOUNT GLOBAL‘s finances and found it to be a high risk investment. Our Risk Rating has determined several risk warnings in the company’s income sheet, balance sheet, and cashflow statement. To gain a better understanding of the potential risks associated with this investment, we invite you to register with us and check out the three risk warnings we have detected. We are confident that our analysis will provide you with a comprehensive overview of the financial and business aspects of this investment. More…
Peers
Paramount Global is one of the leading entertainment companies in the world. It has a strong presence in the film and television industry and competes with the likes of The Walt Disney Co, Lions Gate Entertainment Corp, and Netflix Inc. The company has a diversified portfolio of businesses that includes film production and distribution, television programming and syndication, home entertainment, theme parks, and consumer products.
– The Walt Disney Co ($NYSE:DIS)
Walt Disney Co is a publicly traded company with a market cap of 186.02B as of 2022. The company has a return on equity of 4.53%. Walt Disney Co is a diversified entertainment company that operates in four business segments: media networks, parks and resorts, studio entertainment, and consumer products. The company was founded in 1923 and is headquartered in Burbank, California.
– Lions Gate Entertainment Corp ($NYSE:LGF.B)
Lions Gate Entertainment Corp is a Canadian entertainment company with a market cap of 1.71B as of 2022. The company has a Return on Equity of -1.61%. Lions Gate is a leading global entertainment company with a strong and diversified presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution, new channel platforms and international distribution and sales. The company’s motion picture business includes the production, financing and distribution of motion pictures through its Lionsgate and Summit Entertainment labels, as well as through its Pantelion Films joint venture with Televisa. Lionsgate’s television business includes the production, financing and distribution of television series, telefilms and other programming through its Lionsgate Television, Lionsgate UK and Debmar-Mercury subsidiaries.
– Netflix Inc ($NASDAQ:NFLX)
Netflix, Inc. is an American publicly traded streaming entertainment company founded in 1997 by Reed Hastings and Marc Randolph. The company’s primary business is a subscription-based streaming service offering online streaming from a library of films and television series, including those produced in-house.
Summary
Investing in PARAMOUNT GLOBAL can be a smart choice for dividend seekers. Over the last three years, the company has maintained an impressive annual dividend per share of 0.96 USD, yielding an average of 3.24%. All in all, PARAMOUNT GLOBAL can be a great addition to any balanced portfolio.
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