PARAMOUNT GLOBAL DECLARES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

Paramount Global (NASDAQ: PARA, PARAA) has announced its Board of Directors' declaration of a quarterly cash dividend of $0.05 per share for both Class A and Class B Common Stock. The dividend will be paid on April 1, 2025, to stockholders of record as of March 17, 2025.

Paramount Global operates as a leading global media, streaming, and entertainment company, featuring prominent brands such as CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, and Pluto TV. The company maintains one of the industry's largest TV and film libraries while providing streaming services, digital video products, and capabilities in production, distribution, and advertising solutions.

Positive

• Maintained quarterly dividend payment, showing commitment to shareholder returns
• Continues to hold extensive TV and film content library, a valuable asset

Negative

• Low dividend amount of $0.05 per share indicates cash distribution to shareholders

News Market Reaction

+1.57%

1 alert

+1.57% News Effect

On the day this news was published, PARA gained 1.57%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Feb. 21, 2025 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share on both its Class A and Class B Common Stock. The dividend will be payable on April 1, 2025, to stockholders of record at the close of business on March 17, 2025.

PARA-IR

About Paramount

Paramount Global (NASDAQ: PARA, PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount's portfolio includes CBS, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. Paramount holds one of the industry's most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.

For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms.

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SOURCE Paramount Global

FAQ

What is the dividend amount for Paramount Global (PARA) in Q2 2025?

Paramount Global (PARA) declared a quarterly cash dividend of $0.05 per share for both Class A and Class B Common Stock.

When is the ex-dividend date for Paramount's Q2 2025 dividend?

Stockholders must be on record by March 17, 2025, to receive the dividend payment.

When will Paramount (PARA) pay its Q2 2025 dividend?

The dividend will be paid on April 1, 2025.

How much will PARA shareholders receive in dividend payments for Q2 2025?

Shareholders will receive $0.05 per share for both Class A and Class B Common Stock.

What streaming platforms does Paramount Global (PARA) own?

Paramount Global owns Paramount+ and Pluto TV streaming platforms.