Dividend Growth of Cinemark Holdings Inc(CNK)

Cinemark Holdings Inc(CNK) is having a Dividend Yield of 2.53% with the Annual cash Dividend per share of $1.08. The last quarter cash dividend per share pay out was $0.27. Cinemark Holdings Inc has a 5 year average dividend yield of 3.06% and the stock has a Indicated annual dividend of $1.08. Cinemark Holdings Inc(CNK) formally announced its most recent dividend on November 17, 2016 with a Dividend per share of $0.27. The new indicated annual dividend based on announced dividend per share is $1.08. The dividend yield based on the forward looking indicated annual dividend is 2.53%. Cinemark Holdings Inc(CNK) has the most recent dividend payout ratio of 0.52 with a 5-year average payout ratio of 0.56. The 5 year historical dividend growth of Cinemark Holdings Inc(CNK) is at the rate of 6.06% while the R-Squared dividend growth is 0.81. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Cinemark Holdings Inc (NYSE:CNK) witnessed a decline in the market cap on Thursday as its shares dropped 0.96% or 0.41 points. After the session commenced at $42.47, the stock reached the higher end at $42.85 while it hit a low of $42.23. With the volume soaring to 655,304 shares, the last trade was called at $42.27. The company has a 52-week high of $42.93. The company has a market cap of $4,912 million and there are 116,197,798 shares in outstanding. The 52-week low of the share price is $28.57. Shares of Cinemark Holdings, Inc. rose by 1.27% in the last five trading days and 6.02% for the last 4 weeks. Cinemark Holdings, Inc. is up 1.62% in the last 3-month period. Year-to-Date the stock performance stands at 10.19%.

Currently the company Insiders own 9.2% of Cinemark Holdings Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.08% . Institutional Investors own 90.73% of Cinemark Holdings Inc shares. During last six month period, the net percent change held by insiders has seen a change of -4.08%. Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Tom Owens (EVP – Real Estate) sold 3,100 shares at 39.02 per share price.On Dec 21, 2016, Sean Gamble (Chief Financial Officer) sold 3,412 shares at 39.24 per share price.On Dec 12, 2016, Michael Cavalier (EVP-General Counsel) sold 5,525 shares at 39.23 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Wedbush on Feb 16, 2017 to Neutral, Raises Price Target to $ 43 from a previous price target of $40 .

Cinemark Holdings Last issued its quarterly earnings results on Nov 8, 2016. The company reported $0.56 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.57. The company had revenue of $768.57 million for the quarter, compared to analysts expectations of $780.15 million. The companys revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

CINEMARK HOLDINGS Is a leader in the motion picture exhibition industry.Cinemark operates 408 theatres and 4,657 screens in 38 states in the United States and internationally in 12 countries, mainly in Mexico, South and Central America.

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