National CineMedia, Inc. Announces Quarterly Dividend of $0.03 (NASDAQ:NCMI)

National CineMedia, Inc. (NASDAQ:NCMIGet Free Report) announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Friday, May 22nd will be paid a dividend of 0.03 per share by the business services provider on Thursday, June 4th. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, May 22nd.

National CineMedia has decreased its dividend payment by an average of 0.5%per year over the last three years. National CineMedia has a dividend payout ratio of 133.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect National CineMedia to earn $0.13 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 92.3%.

National CineMedia Trading Down 11.1%

NASDAQ NCMI traded down $0.38 during trading on Wednesday, hitting $3.01. The stock had a trading volume of 402,445 shares, compared to its average volume of 414,044. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.22 and a current ratio of 2.22. The stock has a market capitalization of $280.31 million, a price-to-earnings ratio of -30.05 and a beta of 1.43. National CineMedia has a one year low of $2.86 and a one year high of $5.55. The stock has a 50 day simple moving average of $3.39 and a 200 day simple moving average of $3.70.

National CineMedia (NASDAQ:NCMIGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The business services provider reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.02. The business had revenue of $34.00 million during the quarter, compared to the consensus estimate of $32.92 million. National CineMedia had a negative net margin of 4.32% and a negative return on equity of 2.29%. Sell-side analysts predict that National CineMedia will post 0.01 earnings per share for the current year.

National CineMedia News Roundup

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National CineMedia Company Profile

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National CineMedia, Inc is a leading U.S. out-of-home media company specializing in cinema advertising. The firm operates a proprietary network that delivers high-impact advertising content to moviegoers across a broad footprint of theaters, offering brands a targeted and immersive way to engage audiences in a captive, distraction-free environment.

Founded in 2003 and headquartered in Centennial, Colorado, National CineMedia began as a joint venture among several major exhibition chains.

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Dividend History for National CineMedia (NASDAQ:NCMI)

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