ViacomCBS Declares Quarterly Cash Dividends

Rhea-AI Summary

ViacomCBS has declared a quarterly cash dividend of $0.24 per share on its Class A and Class B Common Stock, payable on October 1, 2021, to stockholders of record by September 15, 2021. Additionally, a dividend of $1.4375 per share on its 5.75% Series A Mandatory Convertible Preferred Stock will also be paid on the same date. ViacomCBS is a prominent media and entertainment company with a diverse portfolio, including CBS, Showtime, and Paramount+, delivering substantial content across multiple platforms.

Positive

• Quarterly cash dividend of $0.24 per share enhances shareholder income.
• Strong dividend payment reflects company confidence in financial health.

Negative

• None.

ViacomCBS Inc. (NASDAQ: VIAC; VIACA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B Common Stock. The dividend will be payable on October 1, 2021 to stockholders of record at the close of business on September 15, 2021.

At the same time, the Board of Directors also declared a quarterly cash dividend of $1.4375 per share on its 5.75% Series A Mandatory Convertible Preferred Stock. The dividend will be payable on October 1, 2021 to stockholders of record at the close of business on September 15, 2021.

About ViacomCBS

ViacomCBS (NASDAQ: VIAC; VIACA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, its portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry’s most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, ViacomCBS provides powerful capabilities in production, distribution and advertising solutions.

For more information about ViacomCBS, please visit www.viacomcbs.com and follow @ViacomCBS on social platforms.

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FAQ

What is the dividend amount for ViacomCBS for October 2021?

The dividend amount for ViacomCBS is $0.24 per share for Class A and Class B Common Stock.

When will the dividend be paid for ViacomCBS?

The dividend will be payable on October 1, 2021.

What is the record date for the ViacomCBS dividend?

The record date for the dividend is September 15, 2021.

What is the dividend for ViacomCBS's Series A Mandatory Convertible Preferred Stock?

The dividend for the Series A Mandatory Convertible Preferred Stock is $1.4375 per share.