Entravision Communications Corporation (NYSE:EVC) Declares $0.05 Quarterly Dividend

Entravision Communications Corporation (NYSE:EVC) declared a quarterly dividend on Tuesday, November 4th. Investors of record on Tuesday, December 16th will be given a dividend of 0.05 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Tuesday, December 16th.

Entravision Communications Stock Up 50.9%

NYSE EVC traded up $1.01 during trading on Wednesday, reaching $2.99. 3,263,293 shares of the company’s stock were exchanged, compared to its average volume of 271,077. Entravision Communications has a 1 year low of $1.58 and a 1 year high of $2.94. The company has a debt-to-equity ratio of 1.91, a quick ratio of 2.48 and a current ratio of 2.48. The stock has a market cap of $271.75 million, a P/E ratio of -2.25 and a beta of 1.63. The company has a 50 day moving average price of $2.28 and a two-hundred day moving average price of $2.24.

Entravision Communications (NYSE:EVC) last issued its quarterly earnings results on Tuesday, November 4th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $120.63 million during the quarter. Entravision Communications had a negative net margin of 30.16% and a negative return on equity of 51.15%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Entravision Communications in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Entravision Communications currently has an average rating of “Sell”.

About Entravision Communications

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.