World Wrestling Entertainment, Inc. (NYSE:WWE) will begin trading ex-dividend on September 14, 2020. The quarterly dividend payment of $ 0.12 per share is scheduled to be paid on September 25, 2020. The dividend yield based on the latest trading day closing price was 1.13 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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World Wrestling Entertainment, Inc. recently reported first quarter financial results on April 23, 2020, after market close, the Stamford based company announced income for the first quarter of $ 0.41 per share, from the revenue of $ 291.00 million. The quarterly revenues surged 46.24 percent compared with the same quarter last year. Wall street analysts are predicting, WWE to report 1Q20 income of $ 0.25 per share from revenue of $ 266.52 million. The bottom line results beat street analysts by $ 0.16 or 64.00 percent, at the same time, top line results outshined analysts by $ 24.48 million or 9.19 percent.
Stock Performance
Shares of World Wrestling Entertainment, Inc. traded up $ 0.20 or 0.47 percent on Thursday, reaching $ 42.46 with volume of 449.80 thousand shares. World Wrestling Entertainment, Inc. has traded high as $ 43.61 and has cracked $ 42.38 on the downward trend
According to the previous trading day, closing price of $ 42.46, representing a 45.22 % increase from the 52 week low of $ 29.10 and a 44.71 % decrease over the 52 week high of $ 76.44.
The company has a market capital of $ 3.96 billion and is part of the Consumer Cyclical sector and Media – Diversified industry.
World Wrestling Entertainment, Inc., an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates in three segments: Media, Live Events, and Consumer Products. The Media segment engages in the production and monetization of long-form and short-form media content across various platforms, including WWE Network, pay television, and digital and social media, as well as filmed entertainment.
