Entravision Communications Corporation (EVC) to Issue Quarterly Dividend of $0.05 on March 31st

Entravision Communications Corporation (NYSE:EVC) declared a quarterly dividend on Tuesday, March 3rd. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.05 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Tuesday, March 17th.

Entravision Communications has raised its dividend by an average of 0.1%annually over the last three years.

Entravision Communications Trading Down 1.2%

NYSE EVC traded down $0.04 during trading on Friday, hitting $3.00. The company had a trading volume of 531,304 shares, compared to its average volume of 375,766. The company’s fifty day moving average is $3.07 and its 200-day moving average is $2.75. Entravision Communications has a one year low of $1.75 and a one year high of $3.68. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 2.65. The company has a market cap of $275.42 million, a price-to-earnings ratio of -3.40 and a beta of 1.30.

Entravision Communications (NYSE:EVC) last announced its earnings results on Thursday, March 5th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $134.38 million during the quarter. Entravision Communications had a negative return on equity of 37.01% and a negative net margin of 17.69%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Entravision Communications in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Entravision Communications Company Profile

Entravision Communications Corporation (NYSE: EVC) is a diversified Spanish-language media and advertising company headquartered in Santa Monica, California. The company develops and distributes multimedia content tailored to Hispanic audiences across the United States, leveraging a combination of traditional broadcasting and digital platforms to reach consumers and marketers seeking to engage this fast-growing demographic.

In its broadcasting segment, Entravision owns and operates more than 50 television stations affiliated primarily with leading Spanish-language networks, as well as over 40 radio stations in key U.S.