Versant Corporation (NASDAQ:VSNT) Plans Quarterly Dividend of $0.38

Versant Corporation (NASDAQ:VSNT) announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.3750 per share on Thursday, October 22nd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, October 1st.

Versant Stock Performance

NASDAQ:VSNT opened at $32.46 on Tuesday. Versant has a twelve month low of $27.17 and a twelve month high of $59.00. The firm’s fifty day simple moving average is $37.42 and its 200 day simple moving average is $38.41. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.35. The stock has a market cap of $4.51 billion and a P/E ratio of 9.33.

Versant (NASDAQ:VSNT) last announced its earnings results on Thursday, August 6th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.10. The firm had revenue of $1.64 billion during the quarter. As a group, research analysts predict that Versant will post 4.08 EPS for the current year.

About Versant

Versant, Inc is a media and entertainment company formed through the separation of certain cable television and digital media assets from Comcast. The company operates a portfolio of entertainment, news, sports and lifestyle brands serving audiences in the United States and internationally through television networks, digital platforms and related content services.

Versant’s portfolio includes USA Network, CNBC, MSNBC, Oxygen, E!, SYFY and Golf Channel, along with digital properties such as Fandango and Rotten Tomatoes.