Paramount Declares Quarterly Cash Dividend
Rhea-AI Summary
Paramount Skydance Corporation (NASDAQ: PSKY) announced a quarterly cash dividend of $0.05 per share, payable July 1, 2026, to Class A and Class B shareholders of record as of June 15, 2026.
This dividend provides a direct cash return to shareholders and sets a clear payment and record date timeline for investors.
Positive
- $0.05 per share quarterly cash dividend declared
- Dividend payable on July 1, 2026
- Record date set for June 15, 2026 for Class A and B shareholders
Negative
- Creates a near-term cash obligation payable July 1, 2026
About Paramount, a Skydance Corporation
Paramount, a Skydance Corporation (Nasdaq: PSKY) is a leading, next‑generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. The Company's portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, SHOWTIME®, Paramount+, Pluto TV, Skydance Animation, Film, Television, and Interactive/Games, and the newly established Paramount Sports Entertainment. For more information, please visit www.paramount.com.
PSKY-IR
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SOURCE Paramount Skydance Corporation