Entravision Communication (EVC) To Go Ex-Dividend on December 13th

Entravision Communication (NYSE:EVC) declared a quarterly dividend on Thursday, November 7th, Zacks reports. Shareholders of record on Monday, December 16th will be given a dividend of 0.05 per share on Tuesday, December 31st. This represents a $0.20 annualized dividend and a yield of 7.69%. The ex-dividend date of this dividend is Friday, December 13th.

EVC stock traded down $0.07 during trading on Wednesday, hitting $2.60. 13,321 shares of the company’s stock traded hands, compared to its average volume of 319,093. Entravision Communication has a 52 week low of $2.41 and a 52 week high of $4.10. The company has a debt-to-equity ratio of 0.98, a quick ratio of 4.10 and a current ratio of 4.10. The business has a fifty day simple moving average of $2.76 and a 200 day simple moving average of $2.97. The stock has a market capitalization of $225.74 million, a price-to-earnings ratio of 20.08 and a beta of 1.07.

Entravision Communication (NYSE:EVC) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.19). Entravision Communication had a negative net margin of 7.08% and a positive return on equity of 0.13%. The business had revenue of $68.82 million for the quarter, compared to the consensus estimate of $70.30 million.

In other news, CEO Simon G. Kukes bought 148,214 shares of the stock in a transaction dated Thursday, November 21st. The stock was purchased at an average price of $1.55 per share, for a total transaction of $229,731.70. Also, Director Gilbert R. Vasquez bought 11,916 shares of the stock in a transaction dated Thursday, November 21st. The stock was purchased at an average price of $2.59 per share, with a total value of $30,862.44. The disclosure for this purchase can be found here. Insiders bought a total of 187,953 shares of company stock valued at $333,877 in the last 90 days. Company insiders own 22.38% of the company’s stock.

Several equities analysts have commented on the stock. ValuEngine lowered shares of Entravision Communication from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Zacks Investment Research upgraded shares of Entravision Communication from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research report on Thursday, October 31st.

About Entravision Communication

Entravision Communications Corporation operates as a media company that reaches and engages Hispanics across media channels and advertising platforms primarily in the United States, Spain, Mexico, Argentina, and other Latin America countries. The company operates through three segments: Television Broadcasting, Radio Broadcasting, and Digital Media.

Further Reading: How are Outstanding Shares Different from Authorized Shares?

Dividend History for Entravision Communication (NYSE:EVC)

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