Paramount Global dividend yield – PARAMOUNT GLOBAL Announces 0.05 Cash Dividend
June 4, 2023
🌥️Dividends Yield
On June 2 2023, PARAMOUNT GLOBAL ($BER:0VVB) announced a 0.05 cash dividend for the year. This announcement comes after a strong streak of dividend yields over the past three years, with an annual dividend per share of 0.96 USD, yielding 3.76%, 3.29%, and 2.21%, respectively in 2021, 2022, and 2023, with an average dividend yield of 3.09%. This makes PARAMOUNT GLOBAL a potential dividend stock worth considering, with the ex-dividend date on June 14 2023.
Investors should be aware, however, that dividend stocks are subject to various risks, including changes in market conditions, which could lead to a decrease in the company’s dividend payout. Therefore, it is advised to do thorough research before investing in any dividend stock.
Stock Price
Following the news, their stock opened at €14.2 and closed at the same price, down by 0.6% from the prior closing price of €14.3. This announcement marks the company’s commitment to rewarding its investors with an attractive return on their investments. 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 |
| 30.09k | -447 | -1.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paramount Global. More…
| Operations | Investing | Financing |
| -556 | -535 | -2.02k |
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 |
| 56.56k | 34.22k | 33.57 |
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 |
| 3.2% | -43.9% | 0.8% |
| FCF Margin | ROE | ROA |
| -3.1% | 0.7% | 0.3% |
Analysis
At GoodWhale, we believe that analyzing the fundamentals of any investment is essential to understanding its risk profile. That’s why we’ve built a comprehensive tool to analyze the financial and business health of PARAMOUNT GLOBAL. Using our Risk Rating, we’ve determined that PARAMOUNT GLOBAL is a high risk investment with 3 risk warnings in income sheet, balance sheet, cashflow statement. If you’re interested in learning more, sign up with us and check out our detailed report. We can provide you with the information you need to make an informed decision on whether investing in PARAMOUNT GLOBAL is right for you. More…
Summary
Investing in PARAMOUNT GLOBAL is a good long-term option, as the company has issued an impressive annual dividend per share of 0.96 USD over the past 3 years. This has resulted in dividend yields of 3.76%, 3.29%, and 2.21%, respectively in 2021, 2022, and 2023, which provides investors with a steady stream of income. The average dividend yield for the past three years is 3.09%, which is very attractive to potential investors. Investing in PARAMOUNT GLOBAL also presents an opportunity for capital gains, as the company’s share price is expected to appreciate in value over time.
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