Entravision Communications Corporation Declares $0.05 Quarterly Dividend
Entravision Communications Corporation (EVC) has announced a quarterly dividend of $0.05 per share, maintaining its previous payout level. The dividend carries a forward yield of 2.67%, with the payment scheduled for December 31. Shareholders must be on record by December 17 to qualify, which is also the ex-dividend date. Despite the steady dividend, the company faces mixed financial outlooks. While Entravision expects its advertising technology (ATS) revenue to decrease sequentially in the third quarter, it is targeting significant year-over-year growth exceeding 100% for both Q3 and Q4. Recent financial results reported a GAAP EPS of $0.19 on revenue of $227.9 million.
Tickers: $EVC