|Bid||29.65 x 3200|
|Ask||29.75 x 2200|
|Day's range||29.70 - 31.87|
|52-week range||29.70 - 101.97|
|Beta (5Y monthly)||1.60|
|PE ratio (TTM)||5.81|
|Earnings date||22 Feb 2022 - 28 Feb 2022|
|Forward dividend & yield||0.96 (3.10%)|
|Ex-dividend date||14 Dec 2021|
|1y target est||47.09|
ViacomCBS Inc Chair Shari Redstone, who in the past has hinted at more deals to bulk up the media empire, said on Wednesday the company will focus on organic growth and seek global expansion opportunities. In an interview during the Reuters Next conference, she said the company remained open to “always look at opportunities out there,” but had no immediate urge to merge. ViacomCBS, with its $20.1 billion market valuation, is one-tenth the size of the Walt Disney Co. As media conglomerates have raced to bulk up to amass content for subscriptions and advertising-supported streaming video services, the company’s relatively smaller scale has spurred speculation that Redstone would seek another deal.
For investors looking to get away from this volatility and find more safety, holding dividend stocks in your portfolio can be an excellent decision. Two dividend stocks that pay an above-average yield and are incredibly cheap right now are AbbVie (NYSE: ABBV) and ViacomCBS (NASDAQ: VIAC). AbbVie makes for an ideal buy-and-forget investment.
Comcast's (CMCSA) content carriage agreement renewal with Disney along with a line-up for strong content is expected to boost paid subscribers.