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.
ILLEGAL ACTIVITY NOTICE: This story was first posted by sleekmoney and is owned by of sleekmoney. If you are viewing this story on another publication, it was illegally stolen and republished in violation of U.S. and international copyright & trademark legislation. The legal version of this story can be viewed at http://sleekmoney.com/news-corporation-nws-declares-semiannual-dividend-of-0-10/1657249.html.
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 realestate.com.au.
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/news-corporation-nws-declares-semiannual-dividend-of-0-10/1657249.html
Receive News & Ratings for News Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for News Corporation and related companies with MarketBeat.com's FREE daily email newsletter.