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Paramount Global (Paramount Global) 3-Year Dividend Growth Rate : -25.90% (As of Dec. 2023)


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What is Paramount Global 3-Year Dividend Growth Rate?

Paramount Global's Dividends per Share for the three months ended in Dec. 2023 was $0.05.

The historical rank and industry rank for Paramount Global's 3-Year Dividend Growth Rate or its related term are showing as below:

PARA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -40.3   Med: 8.65   Max: 33.9
Current: -25.9

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Paramount Global was 33.90% per year. The lowest was -40.30% per year. And the median was 8.65% per year.

PARA's 3-Year Dividend Growth Rate is ranked worse than
90.23% of 215 companies
in the Media - Diversified industry
Industry Median: 7.7 vs PARA: -25.90

During the past 12 months, Paramount Global's average Dividends Per Share Growth Rate was -59.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -25.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Paramount Global's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.25. As of today, Paramount Global's Dividend Yield % is 1.68%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Paramount Global is 0.74, which seems too high.

Warning Sign:

Paramount Global stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Paramount Global's 3-Year Dividend Growth Rate

For the Entertainment subindustry, Paramount Global's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Paramount Global's 3-Year Dividend Growth Rate Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Paramount Global's 3-Year Dividend Growth Rate falls into.



Paramount Global 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Paramount Global  (NAS:PARA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Paramount Global's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.05/ 0.04
=1.25

During the past 13 years, the highest Dividend Payout Ratio of Paramount Global was 0.75. The lowest was 0.13. And the median was 0.18.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Paramount Global is 0.74, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Paramount Global Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0502024-03-142024-03-152024-04-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-12-142023-12-152024-01-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-09-142023-09-152023-10-02Cash DividendquarterlyUSD:USD 1.000000
USD 0.0502023-06-142023-06-152023-07-03Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Paramount Global's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2/11.91
=1.68 %

Current Share Price is $11.91.
Paramount Global's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2.

During the past 13 years, the highest Dividend Yield of Paramount Global was 6.76%. The lowest was 0.71%. And the median was 1.40%.

Warning Sign:

Paramount Global stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Paramount Global 3-Year Dividend Growth Rate Related Terms>


Paramount Global (Paramount Global) Business Description

Address
1515 Broadway, New York, NY, USA, 10036
Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.
Executives
Dawn Ostroff director 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Sumner M. Redstone National Amusements Part B General Trust director, 10 percent owner 846 UNIVERSITY AVENUE, NORWORD MA 02062
National Amusements Inc /md/ director, 10 percent owner 846 UNIVERSITY AVENUE, NORWOOD MA 02062
Naveen K. Chopra officer: EVP, Chief Financial Officer C/O 2160 GOLD STREET, SAN JOSE CA 95002
Linda M Griego director SOUTHWEST WATER CO, 624 SO. GRAND, STE 2900, LOS ANGELES CA 90017
Phillips Jr Charles E director 113 WEST 88TH STREET, NEW YORK NY 10024
Shari Redstone director, officer: Vice Chair C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Frederick Terrell director 17 STATE STREET, NEW YORK NY 10004
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Christina Spade officer: EVP, Chief Financial Officer 11 PENN PLAZA, NEW YORK NY 10001
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Christa A Dalimonte officer: EVP, General Counsel & Secy C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Ronald L Nelson director
Judith Mchale director C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Robert M Bakish director, officer: President and CEO AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803