Entravision Communications Co. (EVC) to Issue Quarterly Dividend of $0.05 on December 31st

Entravision Communications Co. (NYSE:EVC) announced a quarterly dividend on Wednesday, November 6th,Zacks Dividends reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.05 per share on Tuesday, December 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 8.33%. The ex-dividend date of this dividend is Monday, December 16th.

Entravision Communications has increased its dividend by an average of 17.0% per year over the last three years.

Entravision Communications Stock Up 1.3 %

Shares of NYSE:EVC traded up $0.03 during midday trading on Friday, reaching $2.40. The company had a trading volume of 22,011 shares, compared to its average volume of 580,945. The company has a quick ratio of 3.04, a current ratio of 3.04 and a debt-to-equity ratio of 0.85. The business’s 50 day moving average price is $2.12 and its 200 day moving average price is $2.08. The stock has a market cap of $215.98 million, a PE ratio of -2.21 and a beta of 0.97. Entravision Communications has a 1-year low of $1.33 and a 1-year high of $4.41.

Entravision Communications (NYSE:EVC) last released its earnings results on Thursday, August 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $82.65 million for the quarter. Entravision Communications had a negative return on equity of 5.24% and a negative net margin of 10.06%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Entravision Communications from a “sell” rating to a “hold” rating in a report on Saturday, July 20th.

About Entravision Communications

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.