Published on 13 May 2022 on Simply Wall St. via Yahoo Finance
National CineMedia, Inc. (NASDAQ:NCMI) has announced it will be reducing its dividend payable on the 7th of June to US$0.03. The yield is still above the industry average at 13%.
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. National CineMedia's stock price has reduced by 57% in the last 3 months, which is not ideal for investors and can explain a sharp increase in the dividend yield.
View our latest analysis for National CineMedia