Economy

Viacom Inc. (VIA) Declares $0.20 Quarterly Dividend

Barclays PLC reissued a "neutral" rating on shares of Viacom in a report on Monday, August 7th. "(VIAB) Rating Reiterated by Sanford C. Bernstein" was first reported by StockNewsTimes and is the property of of StockNewsTimes. Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company now has an average rating of Hold and a consensus target price of $41.80.

Viacom (NASDAQ VIAB) opened at 27.12 on Tuesday.

The stock is trading at $38.15 a bit lower than $38.47, the stock's 50 day moving average and which is marginally lower than the 200 day moving average of $40.91. Viacom has a 12-month low of $36.25 and a 12-month high of $49.00.

Beta is also an important valuation ratio for analyzing the stock of the company, VIAB has its industry and Sector's beta remains at 0.86 and 0.78 respectively.

Viacom, Inc. (VIAB) have shown a high EPS growth of 0.00% in the last 5 years and has earnings decline of -23.80% yoy. The company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.05 by $0.12.

ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. The firm had revenue of $3.36 billion during the quarter. The company's quarterly revenue was up 8.3% on a year-over-year basis. Equities research analysts forecast that Viacom will post $3.55 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: "Viacom Inc". If you are viewing this report on another website, it was illegally stolen and reposted in violation of US and worldwide copyright & trademark law. Stockholders of record on Friday, September 15th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, September 14th. The dividend payment will be $0.200 per share for the quarter which is $0.80 annualized. Viacom's dividend payout ratio (DPR) is presently 21.98%. As of the end of the quarter Ubs Group Ag had acquired 625 shares growing its holdings by 62.7%. Vanguard Group Inc. now owns 28,964,262 shares of the company's stock valued at $972,330,000 after purchasing an additional 6,496,269 shares during the last quarter. Sterneck Capital Management LLC grew its position in shares of Viacom by 25.7% during the second quarter.

Shares of Viacom (NASDAQ VIAB) traded down 0.51% on Tuesday, hitting $27.18. Wellington Management Group LLP increased its position in shares of Viacom by 3,113.9% during the 1st quarter. State Street Corp increased its position in shares of Viacom by 1.4% during the 1st quarter. Days to cover increased 10.0 to 17.0 and the percentage of shorted shares is 0.00% as of August 31. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Hedge funds and other institutional investors own 79.18% of the company's stock.



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