Fox Corporation (FOXA) to Issue Dividend of $0.28 on March 25th

Fox Corporation (NASDAQ:FOXA) announced a dividend on Tuesday, February 3rd. Stockholders of record on Wednesday, March 4th will be paid a dividend of 0.28 per share on Wednesday, March 25th. This represents a dividend yield of 83.0%. The ex-dividend date is Wednesday, March 4th.

FOX has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 4 consecutive years. FOX has a dividend payout ratio of 13.3% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect FOX to earn $4.12 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 13.6%.

FOX Price Performance

NASDAQ:FOXA traded down $1.81 during trading hours on Thursday, reaching $65.92. The company had a trading volume of 6,703,620 shares, compared to its average volume of 3,538,605. The company has a quick ratio of 3.03, a current ratio of 3.24 and a debt-to-equity ratio of 0.54. The stock has a 50-day moving average of $71.73 and a two-hundred day moving average of $64.19. FOX has a one year low of $46.42 and a one year high of $76.39. The firm has a market capitalization of $29.26 billion, a PE ratio of 14.81, a PEG ratio of 1.57 and a beta of 0.51.

FOX (NASDAQ:FOXA) last issued its earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.47 by $0.35. The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.02 billion. FOX had a net margin of 12.35% and a return on equity of 18.61%. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.96 EPS. Analysts forecast that FOX will post 4.38 earnings per share for the current year.

Key FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Q2 results beat: FOXA reported $0.82 EPS vs. $0.47 consensus and revenue of $5.18B (vs. $5.02B est.), driven by sports, cable ad strength and streaming (Tubi). The beat is the primary fundamental positive investors are wrestling with. Fox beats estimates for quarterly revenue (Reuters)
• Positive Sentiment: Morgan Stanley raised its price target to $77 and kept an “equal weight” rating — implying ~16.8% upside from the current price — which supports upside potential after the quarter. Morgan Stanley raises PT to $77 (The Fly)
• Positive Sentiment: Evercore ISI raised its target to $70 with an “in-line” rating (about 6.2% upside), another incremental vote of confidence from the sell‑side. Evercore raises PT to $70 (The Fly)
• Positive Sentiment: Dividend declared: FOXA announced a $0.28/share dividend (record Mar 4; payable Mar 25), which supports income‑oriented holders and can underpin the share price over time.
• Neutral Sentiment: Company commentary / deep dives: Coverage highlights that growth was broad‑based (news, sports, streaming/Tubi and a strong World Series season) — useful context for medium‑term revenue visibility but not a single catalyst. FOXA Q4 Deep Dive (Yahoo)
• Negative Sentiment: Wells Fargo reaffirmed an “equal weight” rating but cut its price target from $80 to $75 — the downgrade of the target (even if still implying upside) added a negative data point that likely contributed to the intraday pullback. Wells Fargo lowers PT to $75 (The Fly)

FOX Company Profile

Fox Corporation (NASDAQ: FOXA) is a U.S.-based media company focused on television broadcasting, cable news and sports programming, and digital distribution. The company was formed in 2019 as the successor to certain assets of 21st Century Fox after a transaction that transferred many film and television studio assets to The Walt Disney Company. Fox Corp’s operations center on the Fox Broadcasting network, a portfolio of local television stations, national news and business cable networks, and sports media properties.

Fox produces, acquires and distributes a range of live and recorded programming, including news, opinion and commentary, national and local sports telecasts, and general entertainment.