National CineMedia, Inc. (NASDAQ:NCMI) will begin trading ex-dividend on November 13, 2020. The quarterly dividend payment of $ 0.07 per share is scheduled to be paid on December 1, 2020. The dividend yield based on the latest trading day closing price was 8.54 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 13, 2020.
Dividends History
wpDataTable with provided ID not found!Click Here For More Historical Dividends Of National CineMedia, Inc.
National CineMedia, Inc. recently reported third quarter financial results on November 2, 2020, after market close, the Centennial based company unveiled loss for the third quarter of $ 0.16 per share, from the revenue of $ 6.00 million. The quarterly revenues decreased 94.57 percent compared with the same quarter last year. According to street consensus, NCMI was expected to report 3Q20 loss of $ 0.17 per share from revenue of $ 9.98 million. The bottom line results beat street analysts by $ 0.01 or 5.88 percent, at the same time, top line results fell short of analysts by $ 3.98 million or 39.88 percent.
Stock Performance
Shares of National CineMedia, Inc. traded low $ -0.15 or -4.37 percent on Wednesday, reaching $ 3.28 with volume of 866.10 thousand shares. National CineMedia, Inc. has traded high as $ 3.39 and has cracked $ 3.22 on the downward trend
The closing price of $ 3.28, representing a 111.73 % increase from the 52 week low of $ 1.62 and a 65.18 % decrease over the 52 week high of $ 9.85.
The company has a market capital of $ 261.12 million and is part of the Consumer Cyclical sector and Marketing Services industry.
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates a digital in-theater network in North America. The company engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment pre-show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies. It is also involved in the sale of online and mobile advertising across its Noovie digital products, as well as through its Cinema Accelerator digital product to reach entertainment audiences beyond the theater.
