World Wrestling Leisure stated on January 26, 2023 that its board of administrators declared a regular quarterly dividend of $0.12 per share ($0.48 annualized). Shareholders of document as of March 14, 2023 will obtain the fee on March 27, 2023. Beforehand, the corporate paid $0.12 per share.
On the present share value of $84.95 / share, the inventory’s dividend yield is 0.57%. Wanting again 5 years and taking a pattern each week, the typical dividend yield has been 0.85%, the bottom has been 0.49%, and the very best has been 1.58%. The usual deviation of yields is 0.23 (n=236).
The present dividend yield is 1.24 customary deviations under the historic common.
Moreover, the corporate’s dividend payout ratio is 0.16. The payout ratio tells us how a lot of an organization’s revenue is paid out in dividends. A payout ratio of 1 (1.0) means 100% of the corporate’s revenue is paid in a dividend. A payout ratio higher than one means the corporate is dipping into financial savings in an effort to preserve its dividend – not a wholesome state of affairs. Corporations with few development prospects are anticipated to pay out most of their revenue in dividends, which generally means a payout ratio between 0.5 and 1.0. Corporations with good development prospects are anticipated to retain some earnings in an effort to spend money on these development prospects, which interprets to a payout ratio of zero to 0.5.
The corporate has not elevated its dividend within the final three years.
Analyst Value Forecast Suggests 4.24% Upside
As of January 30, 2023, the typical one-year price target for World Wrestling Leisure is $88.55. The forecasts vary from a low of $52.52 to a excessive of $116.55. The typical value goal represents a rise of 4.24% from its newest reported closing value of $84.95.
The projected annual income for World Wrestling Leisure is $1,389MM, a rise of 8.81%. The projected annual EPS is $2.78, a lower of 5.69%.
Fund Sentiment
There are 672 funds or institutions reporting positions in World Wrestling Leisure. This is a rise of 34 proprietor(s) or 5.33% within the final quarter.
Common portfolio weight of all funds devoted to US:WWE is 0.2573%, a rise of 18.5544%. Whole shares owned by establishments elevated within the final three months by 0.18% to 57,925K shares.
What are massive shareholders doing?
Lindsell Train holds 7,463,627 shares representing 10.03% possession of the corporate. In it is prior submitting, the agency reported proudly owning 8,075,056 shares, representing a lower of 8.19%. The agency decreased its portfolio allocation in WWE by 15.69% over the past quarter.
Ninety One UK holds 2,552,837 shares representing 3.43% possession of the corporate. In it is prior submitting, the agency reported proudly owning 2,460,023 shares, representing a rise of three.64%. The agency elevated its portfolio allocation in WWE by 29.26% over the past quarter.
American Century Companies holds 1,814,468 shares representing 2.44% possession of the corporate. In it is prior submitting, the agency reported proudly owning 2,449,607 shares, representing a lower of 35.00%. The agency decreased its portfolio allocation in WWE by 10.51% over the past quarter.
Independent Franchise Partners LLP holds 1,710,700 shares representing 2.30% possession of the corporate. In it is prior submitting, the agency reported proudly owning 1,724,182 shares, representing a lower of 0.79%. The agency elevated its portfolio allocation in WWE by 24.67% over the past quarter.
Ubs Asset Management Americas holds 1,558,232 shares representing 2.09% possession of the corporate. In it is prior submitting, the agency reported proudly owning 1,605,988 shares, representing a lower of three.06%. The agency decreased its portfolio allocation in WWE by 83.09% over the past quarter.
World Wrestling Leisure Background Data
(This description is offered by the corporate.)
WWE, a publicly traded firm, is an built-in media group and acknowledged chief in world leisure. The Firm consists of a portfolio of companies that create and ship authentic content material 52 weeks a 12 months to a world viewers. WWE is dedicated to household pleasant leisure on its tv programming, pay-per-view, digital media and publishing platforms. WWE’s TV-PG, family-friendly programming will be seen in additional than 800 million properties worldwide in 28 languages. WWE Community, the first-ever 24/7 over-the-top premium community that features all reside pay-per-views, scheduled programming and an enormous video-on-demand library, is presently out there in additional than 180 nations. The Firm is headquartered in Stamford, Conn., with workplaces in New York, Los Angeles, London, Mexico Metropolis, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.
This story initially appeared on Fintel.
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