CuriosityStream Inc. (NASDAQ:CURI) Declares Quarterly Dividend of $0.08

CuriosityStream Inc. (NASDAQ:CURI) declared a quarterly dividend on Wednesday, February 4th. Stockholders of record on Friday, March 6th will be given a dividend of 0.08 per share on Friday, March 20th. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date of this dividend is Friday, March 6th.

CuriosityStream has a payout ratio of 1,066.7% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect CuriosityStream to earn ($0.03) per share next year, which means the company may not be able to cover its $0.32 annual dividend with an expected future payout ratio of -1,066.7%.

CuriosityStream Stock Performance

Shares of NASDAQ CURI traded down $0.14 during mid-day trading on Wednesday, reaching $3.43. The company had a trading volume of 623,802 shares, compared to its average volume of 648,207. CuriosityStream has a twelve month low of $2.06 and a twelve month high of $7.15. The stock’s 50 day moving average is $4.00 and its 200-day moving average is $4.37. The stock has a market capitalization of $199.97 million, a PE ratio of -38.11 and a beta of 1.84.

CuriosityStream (NASDAQ:CURI) last issued its earnings results on Wednesday, November 12th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04). CuriosityStream had a negative net margin of 8.19% and a negative return on equity of 10.24%. The firm had revenue of $18.36 million during the quarter, compared to analysts’ expectations of $16.35 million. On average, sell-side analysts anticipate that CuriosityStream will post -0.2 EPS for the current year.

CuriosityStream Company Profile

CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.