Paramount Declares Quarterly Cash Dividend
Rhea-AI Summary
Paramount Skydance Corporation (NASDAQ: PSKY) announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per share. The dividend will be paid on October 1, 2026 to Class A and Class B shareholders of record as of September 15, 2026.
Positive
- Declared quarterly cash dividend of $0.05 per share
- Dividend payable on October 1, 2026, providing near-term cash return
- Applies to both Class A and Class B shareholders of record
Negative
- None.
News Market Reaction – PSKY
On the day this news was published, PSKY gained 2.93%, reflecting a moderate positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $284M to the company's valuation, bringing the market cap to $9.97B at that time.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Paramount, a Skydance Corporation
Paramount, a Skydance Corporation is a next-generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. PSKY's portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance Animation, Film, Television, Interactive/Games, and Paramount Sports Entertainment. For more information, please visit www.paramount.com.
PSKY-IR
View original content:https://www.prnewswire.com/news-releases/paramount-declares-quarterly-cash-dividend-302831257.html
SOURCE Paramount Skydance Corporation