Entravision Communications Corporation (NYSE:EVC) to Issue Quarterly Dividend of $0.05

Key Points

• Entravision Communications Corporation has announced a quarterly dividend of $0.05 per share, set to be paid to stockholders on September 30th.
• The company reported a revenue of $100.74 million in its last quarterly earnings, but had a negative earnings per share of ($0.04).
• Shares of EVC traded at $2.41, with an annualized dividend yield of 8.3% as of the announcement date.

Entravision Communications Corporation (NYSE:EVC - Get Free Report) announced a quarterly dividend on Wednesday, August 6th, Wall Street Journal reports. Stockholders of record on Tuesday, September 16th will be paid a dividend of 0.05 per share on Tuesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Tuesday, September 16th.

Entravision Communications Price Performance

Shares of EVC stock traded up $0.13 on Wednesday, hitting $2.41. 322,959 shares of the stock traded hands, compared to its average volume of 293,358. The firm has a market cap of $219.53 million, a price-to-earnings ratio of -1.48 and a beta of 1.57. Entravision Communications has a 52 week low of $1.58 and a 52 week high of $2.73. The firm has a 50 day simple moving average of $2.30 and a two-hundred day simple moving average of $2.13. The company has a debt-to-equity ratio of 1.93, a current ratio of 2.93 and a quick ratio of 2.93.

Entravision Communications (NYSE:EVC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $100.74 million during the quarter. Entravision Communications had a negative net margin of 39.08% and a negative return on equity of 36.86%.

Entravision Communications Company Profile

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.

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