ViacomCBS Declares Quarterly Cash Dividend

Rhea-AI Summary

ViacomCBS (NASDAQ: VIAC) announced a quarterly cash dividend of $0.24 per share for both Class A and Class B common stock. This dividend is scheduled to be paid on January 4, 2021, to shareholders on record by the end of business on December 15, 2020. ViacomCBS is a prominent global media company with a diverse portfolio that includes major brands like CBS, Showtime, Paramount Pictures, and MTV, delivering significant U.S. television audience share and a vast library of content.

Positive

• Quarterly cash dividend of $0.24 per share reinforces company confidence.
• Scheduled payment date of January 4, 2021, providing income for shareholders.

Negative

• None.

NEW YORK--(BUSINESS WIRE)--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 January 4, 2021 to stockholders of record at the close of business on December 15, 2020.

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, CBS All Access, 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 partners on five continents.

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

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