CuriosityStream Inc. (NASDAQ:CURI) Plans Quarterly Dividend of $0.09

CuriosityStream Inc. (NASDAQ:CURI) announced a quarterly dividend on Wednesday, August 12th. Investors of record on Friday, September 4th will be paid a dividend of 0.085 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Friday, September 4th.

CuriosityStream has a payout ratio of 1,133.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect CuriosityStream to earn $0.22 per share next year, which means the company may not be able to cover its $0.34 annual dividend with an expected future payout ratio of 154.5%.

CuriosityStream Stock Performance

Shares of NASDAQ CURI opened at $2.80 on Thursday. The firm has a market cap of $165.12 million, a P/E ratio of -21.54 and a beta of 1.77. CuriosityStream has a 1 year low of $2.30 and a 1 year high of $5.51. The firm’s 50 day moving average price is $2.63 and its 200 day moving average price is $2.99.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.11. CuriosityStream had a negative return on equity of 18.46% and a negative net margin of 11.26%.The company had revenue of $23.25 million during the quarter, compared to the consensus estimate of $21.32 million. As a group, equities analysts predict that CuriosityStream will post 0.07 EPS for the current year.

CuriosityStream Company Profile

CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.