News Corporation (NWS) Declares Semiannual Dividend of $0.10

News Corporation (NASDAQ:NWS) announced a semiannual dividend on Friday, February 10th. Stockholders of record on Wednesday, March 15th will be given a dividend of 0.10 per share on Wednesday, April 19th. This represents a dividend yield of 1.47%. The ex-dividend date is Monday, March 13th.

Shares of News Corporation (NASDAQ:NWS) opened at 13.60 on Monday. The firm’s market capitalization is $7.90 billion. News Corporation has a 52-week low of $10.90 and a 52-week high of $15.22. The stock’s 50 day moving average is $12.47 and its 200 day moving average is $13.12.

News Corporation (NASDAQ:NWS) last announced its earnings results on Thursday, February 9th. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.01. News Corporation had a negative net margin of 4.43% and a positive return on equity of 1.61%. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.16 billion. On average, equities research analysts forecast that News Corporation will post $1.39 EPS for the current year.

Dividend History for News Corporation (NASDAQ:NWS)

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Several equities research analysts have issued reports on NWS shares. Bank of America Corporation lowered shares of News Corporation from a “neutral” rating to an “underperform” rating in a research report on Thursday, October 27th. TheStreet lowered shares of News Corporation from a “buy” rating to a “hold” rating in a report on Thursday, October 27th. Finally, Zacks Investment Research lowered shares of News Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, November 1st.

News Corporation Company Profile

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and

5 Day Chart for NASDAQ:NWS

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