As the day concludes, Creative Media CMCT is preparing to distribute a dividend payout of $0.09 per share, resulting in an annualized dividend yield of 8.40%. This payout is exclusive to investors who held the stock before the ex-dividend date on October 05, 2023.
Creative Media Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-10-05 | 4 | $0.09 | 8.4% | 2023-09-27 | 2023-10-09 | 2023-10-23 |
| 2023-07-07 | 4 | $0.09 | 6.82% | 2023-06-27 | 2023-07-10 | 2023-07-24 |
| 2023-03-29 | 4 | $0.09 | 7.56% | 2023-03-20 | 2023-03-30 | 2023-04-11 |
| 2022-12-23 | 4 | $0.09 | 6.68% | 2022-12-15 | 2022-12-27 | 2023-01-09 |
| 2022-09-30 | 4 | $0.09 | 5.04% | 2022-09-22 | 2022-10-03 | 2022-10-17 |
| 2022-06-16 | 4 | $0.09 | 4.5% | 2022-06-10 | 2022-06-20 | 2022-07-05 |
| 2022-03-17 | 4 | $0.09 | 4.62% | 2022-03-08 | 2022-03-19 | 2022-04-01 |
| 2021-12-17 | 4 | $0.07 | 4.03% | 2021-12-09 | 2021-12-20 | 2022-01-05 |
| 2021-09-16 | 4 | $0.07 | 4.29% | 2021-09-07 | 2021-09-17 | 2021-09-29 |
| 2021-06-16 | 4 | $0.07 | 2.91% | 2021-06-07 | 2021-06-17 | 2021-06-30 |
| 2021-03-12 | 4 | $0.07 | 2.44% | 2021-03-05 | 2021-03-15 | 2021-03-30 |
| 2020-12-11 | 4 | $0.07 | 2.65% | 2020-12-02 | 2020-12-14 | 2020-12-29 |
Analyzing Creative Media Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2022, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.30 to $0.34, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Creative Media
From 2020 to 2022, Creative Media experienced a decrease in earnings per share, dropping from $1.42 to $-0.91. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article delves into the recent dividend payout of Creative Media and its implications for shareholders. Presently, the company is distributing a dividend of $0.09 per share, leading to an annualized dividend yield of 8.40%.
The rising dividend per share and declining earnings per share of Creative Media from 2020 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[See current stock movements Creative Media on Benzinga.](https://www.benzinga.com/quote/Creative Media (NASDAQ: CMCT))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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