ViacomCBS Declares Quarterly Cash Dividends

Rhea-AI Summary

ViacomCBS Inc. (NASDAQ: VIAC; VIACA) has declared a quarterly cash dividend of $0.24 per share for its Class A and Class B Common Stock, payable on January 3, 2022, to stockholders of record as of December 15, 2021. Additionally, a dividend of $1.4375 per share will be paid on its 5.75% Series A Mandatory Convertible Preferred Stock on the same dates. ViacomCBS continues to deliver premium content through its extensive media portfolio, including CBS, Showtime Networks, and Paramount+.

Positive

• Quarterly dividend of $0.24 per share appeals to investors seeking income.
• Strong media portfolio includes top brands, enhancing market positioning.

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 3, 2022 to stockholders of record at the close of business on December 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 January 3, 2022 to stockholders of record at the close of business on December 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.

VIAC-IR

View source version on businesswire.com: https://www.businesswire.com/news/home/20211006005984/en/

Press:

Justin Dini

Executive Vice President, Corporate Communications

(212) 846-2724

justin.dini@viacomcbs.com

Peter Collins

Vice President, Corporate Communications

(917) 826-4182

peter.collins@viacomcbs.com

Justin Blaber

Senior Director, Corporate Communications

(646) 823-6616

justin.blaber@viacomcbs.com

Pranita Sookai

Director, Corporate Communications

(718) 316-2182

pranita.sookai@viacomcbs.com

Investors:

Anthony DiClemente

Executive Vice President, Investor Relations

(917) 796-4647

anthony.diclemente@viacomcbs.com

Jaime Morris

Vice President, Investor Relations

(646) 824-5450

jaime.morris@viacomcbs.com

Robert Amparo

Manager, Investor Relations

(347) 223-1682

robert.amparo@viacomcbs.com

Source: VIACOMCBS INC.

FAQ

What is the dividend amount declared by ViacomCBS on January 3, 2022?

ViacomCBS declared a dividend of $0.24 per share on Class A and Class B Common Stock.

When will the ViacomCBS dividend be paid?

The dividend will be payable on January 3, 2022.

What is the record date for the ViacomCBS dividend?

The record date for the dividend is December 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.