Twenty-First Century Fox, Inc. (FOX) Plans $0.18 Quarterly Dividend

Twenty-First Century Fox, Inc. (NASDAQ:FOX) announced a quarterly dividend on Wednesday, August 9th, RTT News reports. Stockholders of record on Wednesday, September 13th will be paid a dividend of 0.18 per share on Wednesday, October 18th. This represents a $0.72 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Tuesday, September 12th.

Shares of Twenty-First Century Fox (NASDAQ:FOX) traded down 0.37% during mid-day trading on Friday, reaching $26.79. 2,456,525 shares of the company were exchanged. The company has a market capitalization of $49.59 billion, a price-to-earnings ratio of 16.89 and a beta of 1.19. The firm’s 50-day moving average is $27.82 and its 200-day moving average is $28.84. Twenty-First Century Fox has a 12 month low of $23.88 and a 12 month high of $31.94.

Twenty-First Century Fox (NASDAQ:FOX) last posted its earnings results on Wednesday, August 9th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by $0.01. Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.47%. The firm had revenue of $6.75 billion during the quarter. During the same quarter in the previous year, the firm earned $0.45 EPS. On average, equities analysts forecast that Twenty-First Century Fox will post $2.03 earnings per share for the current fiscal year.

In other Twenty-First Century Fox news, CEO James R. Murdoch sold 111,713 shares of the firm’s stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $27.94, for a total value of $3,121,261.22. Following the sale, the chief executive officer now directly owns 234,236 shares in the company, valued at approximately $6,544,553.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David F. Devoe sold 30,149 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total transaction of $844,473.49. Following the completion of the sale, the director now owns 55,647 shares in the company, valued at $1,558,672.47. The disclosure for this sale can be found here. Company insiders own 39.40% of the company’s stock.

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A number of research firms recently issued reports on FOX. BidaskClub upgraded shares of Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 target price on the stock in a research note on Tuesday, June 13th. Finally, TheStreet upgraded shares of Twenty-First Century Fox from a “c+” rating to a “b-” rating in a research note on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company. Twenty-First Century Fox has a consensus rating of “Hold” and a consensus price target of $33.00.

About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

Dividend History for Twenty-First Century Fox (NASDAQ:FOX)

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