Fox Corporation (NASDAQ:FOXA) 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 4.17 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Fox Corporation recently reported fourth quarter financial results on August 4, 2020, after market close, the New York based company announced income for the fourth quarter of $ 0.62 per share, from the revenue of $ 2,418.00 million. The quarterly revenues reduced 3.78 percent compared with the same quarter last year. The consensus estimates are income of $ 0.57 per share from $ 2400.79 million in revenue. The bottom line results beat street analysts by $ 0.05 or 8.77 percent, at the same time, top line results outshined analysts by $ 17.21 million or 0.72 percent.
Stock Performance
Shares of Fox Corporation traded up $ 0.25 or 0.89 percent on Friday, reaching $ 27.82 with volume of 3.86 million shares. Fox Corporation has traded high as $ 27.83 and has cracked $ 27.41 on the downward trend
According to the previous trading day, closing price of $ 27.82, representing a 39.17 % increase from the 52 week low of $ 19.81 and a 30.62 % decrease over the 52 week high of $ 39.74.
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.
