The E.W. Scripps Company (NASDAQ:SSP) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.05 per share is scheduled to be paid on September 25, 2020. The dividend yield based on the latest trading day closing price was 1.79 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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The E.W. Scripps Company recently reported second quarter financial results on August 7, 2020, before market open, media enterprise disclosed loss for the second quarter of $ 0.22 per share, from the revenue of $ 358.88 million. The quarterly revenues raised 6.33 percent compared with the same quarter last year. Wall street analysts are predicting, SSP to report 2Q20 loss of $ 0.35 per share from revenue of $ 368.48 million. The bottom line results beat street analysts by $ 0.13 or 37.14 percent, at the same time, top line results fell short of analysts by $ 9.6 million or 2.61 percent.
Stock Performance
Shares of The E.W. Scripps Company traded low $ -0.42 or -3.63 percent on Thursday, reaching $ 11.15 with volume of 144.20 thousand shares. The E.W. Scripps Company has traded high as $ 12.05 and has cracked $ 11.09 on the downward trend
According to the previous trading day, closing price of $ 11.15, representing a 115.86 % increase from the 52 week low of $ 5.36 and a 31.66 % decrease over the 52 week high of $ 16.93.
The company has a market capital of $ 908.91 million and is part of the Consumer Cyclical sector and Broadcasting – TV industry.
The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, National Media, and Other segments.
