Today, July 24, 2023, marks an important moment for investors of Creative Media CMCT. The company will distribute a dividend payout of $0.09 per share, demonstrating an annualized dividend yield of 6.82%. Remember, only shareholders prior to the ex-dividend date on July 07, 2023 are eligible for this payout.
Creative Media Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 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 |
| 2020-09-11 | 4 | $0.07 | 2.92% | 2020-09-02 | 2020-09-14 | 2020-09-29 |
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
From 2020 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.30 in 2020 to $0.34 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
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
In this article, we explore the recent dividend payout of Creative Media and its significance for shareholders. The company has decided to distribute a dividend of $0.09 per share today, which equates to an annualized dividend yield of 6.82%.
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.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Creative Media's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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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