WWE Has Recently Declared A Dividend Of $0.12 Per Quarter

Ric Flair
Ric Flair

The stocks of WWE recently declared that they had brought out their quarterly dividend in a report published on the 28th of January. According to the aforementioned report, major stockholders on the company record would be paid a dividend of around 0.12 per share. This is representative of a dividend of $0.48, along with a 0.84% dividend yield. The ex-dividend date as set by the firm is on the 12th of March. 

The Quarterly Estimate of WWE

The payout ratio set by WWE is 30.4% which entails that the earnings of the company are quite satisfactorily covered by the dividend. Most of the research analysts are of the opinion that the company will post an EPS of $1.86 which further implies that the company would be able to cover its annual dividend of $0.48 with a payout ratio of 25.8%.

The stocks of WWE opened on Thursday at $57.22. The market cap of the firm is at $4.45 billion, with a 34.26 PE ratio, along with a 1.42 beta. The year low of the company is set at $29.10, while the year high is set at $60. The debt-to-equity ratio of the company is 1.14, while the current ratio is fixed at 1.29, along with a 1.27 quick ratio. The moving average price of the company over a period of 50 days is $51.54, while the moving average price of the company over a period of 200 days is $44.96. 

The company previously updated its quarterly report on the 4th of February. The EPS reported by the company for that quarter was $0.16, which missed out on the consensus estimate of around $0.20. WWE also has a 48.59% return on equity, along with a 14.18% net margin.