Entravision Communications Co. (NYSE:EVC) to Issue Quarterly Dividend of $0.05

Entravision Communications Co. (NYSE:EVC) announced a quarterly dividend on Thursday, March 6th, Wall Street Journal reports. Investors of record on Monday, March 17th will be paid a dividend of 0.05 per share on Monday, March 31st. This represents a $0.20 annualized dividend and a yield of 11.40%. The ex-dividend date of this dividend is Monday, March 17th.

Entravision Communications has increased its dividend payment by an average of 26.0% per year over the last three years.

Entravision Communications Stock Performance

EVC traded down $0.33 during mid-day trading on Friday, reaching $1.76. 1,411,367 shares of the company traded hands, compared to its average volume of 374,977. The stock has a market capitalization of $157.93 million, a P/E ratio of -1.42 and a beta of 0.96. Entravision Communications has a 52-week low of $1.33 and a 52-week high of $2.73. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.90. The company’s fifty day moving average price is $2.26 and its 200-day moving average price is $2.24.

Entravision Communications Company Profile

Entravision Communications Corporation operates as an advertising solutions, media, and technology company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics in the United States. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties.