Paramount Global's latest quarterly cash dividend of $0.24 per share was issued to shareholders on record before Dec 14, 2022. The dividend distribution stands at $0.96 per share annually, which comes to a dividend yield of 3.8%.
Paramount Global's dividend yield of 3.8% is higher than the Communication Services sector and the industry average. In comparison with the Communication Services sector average of 2.51%, Paramount Global's dividend yield is 51% higher. The current dividend yield is higher than the historical average of 3.1% of the last 5 years.
Paramount Global has been paying dividends for the last 17 years. Our records show that PARA has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the price of the stock down by 23% from a year ago, the dividend yield has increased by 30%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Dec 14, 2022 | Jan 3, 2023 | Sep 21, 2022 | $0.24 | normal |
| Sep 14, 2022 | Oct 3, 2022 | Aug 2, 2022 | $0.24 | normal |
| Jun 14, 2022 | Jul 1, 2022 | Apr 5, 2022 | $0.24 | normal |
| Mar 14, 2022 | Apr 1, 2022 | Feb 10, 2022 | $0.24 | normal |
| Dec 14, 2021 | Jan 3, 2022 | Oct 6, 2021 | $0.24 | normal |
| Sep 14, 2021 | Oct 1, 2021 | Aug 2, 2021 | $0.24 | normal |
| Jun 14, 2021 | Jul 1, 2021 | May 26, 2021 | $0.24 | normal |
| Mar 12, 2021 | Apr 1, 2021 | Feb 9, 2021 | $0.24 | normal |
| Dec 14, 2020 | Jan 4, 2021 | Oct 21, 2020 | $0.24 | normal |
| Sep 14, 2020 | Oct 1, 2020 | Aug 3, 2020 | $0.24 | normal |
| Jun 12, 2020 | Jul 1, 2020 | May 19, 2020 | $0.24 | normal |
| Mar 13, 2020 | Apr 1, 2020 | Feb 12, 2020 | $0.24 | normal |
| Dec 27, 2019 | Jan 10, 2020 | Dec 19, 2019 | $0.24 | normal |
Paramount Global's payout ratio of 20.1% is below the Communication Services sector and the industry average. If we compare it with its Communication Services sector average of 41.2%, Paramount Global's payout ratio is 51% lower.
Yes, Paramount Global has paid four dividends in the last twelve months. PARA has been paying dividends since 2005.
PARA hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in March 2023.
Paramount Global's last regular dividend was on Dec 14, 2022 (ex-date) with the amount of $0.24 per share.
PARA has paid dividend of $0.96 per share in the last year.
The current dividend yield of Paramount Global is 3.8%.
Paramount Global pays four dividends per year.
The dividend payout ratio of Paramount Global is 20.1%.
Paramount Global's dividend yield is higher than the Communication Services sector average.