Published on 6 May 2024 on Simply Wall St. via Yahoo Finance
Entravision Communications (NYSE:EVC) Is Due To Pay A Dividend Of $0.05
Entravision Communications Corporation's (NYSE:EVC) investors are due to receive a payment of $0.05 per share on 28th of June. Based on this payment, the dividend yield on the company's stock will be 8.9%, which is an attractive boost to shareholder returns.
While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Entravision Communications' stock price has reduced by 44% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield.