Should You Buy Fox Corporation ($FOX) Before Its Ex-Dividend Tomorrow?

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Fox Corporation (NASDAQ:FOX) will begin trading ex-dividend on September 1, 2020. The semi-annual dividend payment of $ 0.23 per share is scheduled to be paid on October 7, 2020. The dividend yield based on the latest trading day closing price was 4.15 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..

Dividends History
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Click Here For More Historical Dividends Of Fox Corporation

Fox Corporation recently reported fourth quarter financial results on August 4, 2020, after market close, a diversified media and entertainment company announced income for the fourth quarter of $ 0.62 per share, from the revenue of $ 2,418.00 million. According to street consensus, income of $ 0.49 was expected per share. The bottom line results beat street analysts by $ 0.13 or 26.53 percent.

Stock Performance

Shares of Fox Corporation traded up $ 0.28 or 1.01 percent on Friday, reaching $ 27.92 with volume of 871.30 thousand shares. Fox Corporation has traded high as $ 27.96 and has cracked $ 27.51 on the downward trend

According to the previous trading day, closing price of $ 27.92, representing a 44.49 % increase from the 52 week low of $ 19.13 and a 28.84 % decrease over the 52 week high of $ 38.84.

The company has a market capital of $ 16.85 billion and is part of the Consumer Cyclical sector and Broadcasting – TV industry.

Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors.