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.
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.
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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Paramount Global Dividend Yield % Historical Data
The historical data trend for Paramount Global's Dividend Yield % can be seen below:
* 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.
Competitive Comparison of Paramount Global's Dividend Yield %
For the Entertainment subindustry, Paramount Global's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Paramount Global's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Paramount Global's Dividend Yield % falls into.
Paramount Global Dividend Yield % Calculation
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 0.050
2024-03-14
2024-03-15
2024-04-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.050
2023-12-14
2023-12-15
2024-01-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.050
2023-09-14
2023-09-15
2023-10-02
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.050
2023-06-14
2023-06-15
2023-07-03
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 (NAS:PARA) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
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Paramount Global (Paramount Global) Business Description
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.
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