YuMe, Inc. to Issue Quarterly Dividend of $0.03 (NYSE:YUME)
YuMe, Inc. (NYSE:YUME) declared a quarterly dividend on Wednesday, August 9th, Wall Street Journal reports. Shareholders of record on Friday, September 29th will be paid a dividend of 0.03 per share by the business services provider on Monday, October 9th. This represents a $0.12 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Thursday, September 28th.
Shares of YuMe (NYSE:YUME) traded up 5.95% on Wednesday, reaching $4.45. The company’s stock had a trading volume of 180,156 shares. YuMe has a 52-week low of $3.11 and a 52-week high of $5.85. The stock has a 50-day moving average of $4.71 and a 200 day moving average of $4.14. The company’s market cap is $152.25 million.
YuMe (NYSE:YUME) last issued its quarterly earnings data on Tuesday, August 8th. The business services provider reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.09. YuMe had a negative return on equity of 2.99% and a negative net margin of 1.85%. The company had revenue of $42.82 million during the quarter. On average, equities research analysts forecast that YuMe will post $0.25 earnings per share for the current year.
Separately, ValuEngine raised YuMe from a “sell” rating to a “hold” rating in a report on Friday, May 19th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. YuMe has a consensus rating of “Hold” and a consensus target price of $3.35.
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YuMe, Inc (YuMe) is an independent provider of multi-screen video advertising technology, connecting brand advertisers, digital media property owners and consumers of video content across a range of Internet-connected devices. The Company operating segments include Domestic and International. The Company offers advertising customers end-to-end marketing solutions by combining data-driven technologies with deep insight into audience behavior.
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