Home Markets Dividend Growth of News Corporation(NWSA)

Dividend Growth of News Corporation(NWSA)


News Corporation(NWSA) is having a Dividend Yield of 1.53% with the Annual cash Dividend per share of $0.2. News Corporation has a 5 year average dividend yield of 0.48% and the stock has a Indicated annual dividend of $0.2. News Corporation(NWSA) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.1. The new indicated annual dividend based on announced dividend per share is $0.2. The dividend yield based on the forward looking indicated annual dividend is 1.53%. News Corporation(NWSA) has the most recent dividend payout ratio of 0.63 with a 5-year average payout ratio of 0.18. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.45.

News Corporation (NASDAQ:NWSA) witnessed a decline in the market cap on Thursday as its shares dropped 0.38% or 0.05 points. After the session commenced at $13.09, the stock reached the higher end at $13.28 while it hit a low of $12.98. With the volume soaring to 2,531,705 shares, the last trade was called at $13.05. The company has a 52-week high of $14.68. The company has a market cap of $7,588 million and there are 581,491,030 shares in outstanding. The 52-week low of the share price is $10.49. Shares of News Corporation rose by 5.33% in the last five trading days and 7.5% for the last 4 weeks. News Corporation is up 8.66% in the last 3-month period. Year-to-Date the stock performance stands at 13.87%.

Currently the company Insiders own 13.93% of News Corporation shares according to the proxy statements. Institutional Investors own 95.71% of News Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -47%. News Corp Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.19 EPS for the quarter. Analyst had a consensus estimate of $0.19. The company had revenue of $2116.00 million for the quarter, compared to analysts expectations of $2112.95 million. The companys revenue was down -2.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.20 EPS.

News Corp provides media and information services. It focused on creating and distributing authoritative and engaging content to consumers. The companys business comprises of media which include news and information services, sports programming in Australia, digital real estate services, book publishing, digital education and pay-TV distribution in Australia. It operates primarily in the United States, Australia and the United Kingdom. News Corp is headquartered in New York.



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