Viacom (VIA) Receiving Somewhat Favorable News Coverage, Report Finds
News stories about Viacom (NASDAQ:VIA) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Viacom earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.1182283717396 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Viacom Inc. (VIA) Plans Quarterly Dividend of $0.20 (americanbankingnews.com)
- 'Thor' tops 'Daddy's Home 2,' 'Orient Express' at box office (finance.yahoo.com)
- Can Viacom Turn Things Around? (statista.com)
- Viacom Declares Quarterly Cash Dividend (finance.yahoo.com)
- BRIEF-VIACOM SETS QUARTERLY CASH DIVIDEND OF $0.20/SHR ON CLASS A & CLASS B COMMON STOCK (reuters.com)
VIA has been the subject of several recent research reports. UBS AG reiterated a “buy” rating and issued a $45.00 price objective (down previously from $50.00) on shares of Viacom in a research note on Wednesday, August 9th. Citigroup Inc. cut Viacom from a “neutral” rating to a “sell” rating in a research note on Monday, October 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $40.60.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Thursday, December 14th. Viacom’s dividend payout ratio (DPR) is presently 21.98%.
Viacom Company Profile
Viacom Inc offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries.
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