CBS Corporation Announces Quarterly Dividend

Strategic Insights -

CBS Corporation, a mass media company, has announced that its Board of Directors has approved a quarterly dividend on the Company's stock of $.15 per share. This dividend is payable on April 1, 2015, to shareholders of record on March 11, 2015. The Company's operations span various fields of media and entertainment, including cable, publishing, radio, local TV, film, and interactive and socially responsible media.

Key Takeaways:

  • CBS Corporation's Board of Directors approved a quarterly dividend of $.15 per share.
  • The dividend is payable on April 1, 2015, to shareholders of record on March 11, 2015.
  • The Company's operations span virtually every field of media and entertainment.
  • CBS owns the most-watched television network in the U.S. and one of the world's largest libraries of entertainment content.
  • The Company's businesses include CBS Television Network, The CW, CBS Television Studios, CBS Global Distribution Group, and several others.
  • CBS Corporation has a brand recognition that spans various platforms to audiences around the world.

Statistics:

  • $.15 per share quarterly dividend
  • Payable on April 1, 2015
  • Record date: March 11, 2015
  • Company's stock: NYSE: CBS.A and CBS

Sources:

  • CBS Corporation (January 30, 2015)
  • PR Newswire: http://www.prnewswire.com/news-releases/cbs-corporation-announces-quarterly-dividend-300028147.html