CuriosityStream Inc. (NASDAQ:CURI) Declares Quarterly Dividend of $0.03

CuriosityStream Inc. (NASDAQ:CURI) announced a quarterly dividend on Tuesday, November 5th, Zacks Dividends reports. Investors of record on Friday, March 14th will be given a dividend of 0.025 per share on Friday, March 28th. This represents a $0.10 annualized dividend and a yield of 4.74%. The ex-dividend date of this dividend is Friday, March 14th.

CuriosityStream has a payout ratio of -600.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect CuriosityStream to earn ($0.03) per share next year, which means the company may not be able to cover its $0.12 annual dividend with an expected future payout ratio of -400.0%.

CuriosityStream Price Performance

NASDAQ:CURI opened at $2.11 on Wednesday. The firm has a market capitalization of $117.06 million, a price-to-earnings ratio of -7.54 and a beta of 1.22. CuriosityStream has a 12-month low of $0.50 and a 12-month high of $3.00. The stock’s 50 day moving average price is $2.28 and its two-hundred day moving average price is $2.01.

CuriosityStream (NASDAQ:CURI) last announced its earnings results on Tuesday, March 11th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The firm had revenue of $51.13 million for the quarter, compared to the consensus estimate of $14.51 million. CuriosityStream had a negative return on equity of 22.18% and a negative net margin of 28.56%. Equities research analysts expect that CuriosityStream will post -0.2 EPS for the current year.

Insider Buying and Selling

In other CuriosityStream news, CEO Clinton Larry Stinchcomb bought 17,877 shares of CuriosityStream stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of $1.68 per share, with a total value of $30,033.36. Following the acquisition, the chief executive officer now owns 2,155,306 shares in the company, valued at $3,620,914.08. This trade represents a 0.84 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 49.60% of the stock is currently owned by company insiders.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.