GRUPO TELEVISA/S (NYSE:TV) declared an annual dividend on Monday, May 21st, Wall Street Journal reports. Stockholders of record on Wednesday, May 30th will be paid a dividend of 0.0888 per share on Monday, June 11th. This represents a dividend yield of 0.51%. The ex-dividend date is Tuesday, May 29th.
GRUPO TELEVISA/S has decreased its dividend by an average of 12.4% annually over the last three years. GRUPO TELEVISA/S has a dividend payout ratio of 18.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect GRUPO TELEVISA/S to earn $0.59 per share next year, which means the company should continue to be able to cover its $0.08 annual dividend with an expected future payout ratio of 13.6%.
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Shares of NYSE TV opened at $17.86 on Thursday. The company has a market capitalization of $10.03 billion, a PE ratio of 43.56, a PEG ratio of 1.67 and a beta of 1.40. GRUPO TELEVISA/S has a 52-week low of $14.20 and a 52-week high of $27.37. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.51 and a current ratio of 1.53.
GRUPO TELEVISA/S (NYSE:TV) last issued its quarterly earnings results on Tuesday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.08). The firm had revenue of $1.38 billion during the quarter. GRUPO TELEVISA/S had a return on equity of 3.86% and a net margin of 4.08%. equities research analysts expect that GRUPO TELEVISA/S will post 0.44 EPS for the current year.
TV has been the topic of a number of recent analyst reports. UBS upgraded shares of GRUPO TELEVISA/S from a “neutral” rating to a “buy” rating in a research report on Monday, May 7th. Scotiabank upgraded shares of GRUPO TELEVISA/S from an “underperform” rating to a “hold” rating in a research report on Thursday, March 22nd. Goldman Sachs Group initiated coverage on shares of GRUPO TELEVISA/S in a research report on Tuesday, April 3rd. They set a “neutral” rating on the stock. Finally, ValuEngine downgraded shares of GRUPO TELEVISA/S from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $26.00.
About GRUPO TELEVISA/S
Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment is involved in the production of television programming and broadcasting of Channels 2, 4, 5, and 9; the sale of advertising time on programs; and the production of television programming and broadcasting for local television stations in Mexico and the United States, as well as Internet business.