Time (TIME) is having a Dividend Yield of 4% with the Annual cash Dividend per share of $0.76. The last quarter cash dividend per share pay out was $0.19. Time has a 5 year average dividend yield of 3.56% and the stock has a Indicated annual dividend of $0.76. Time (TIME) formally announced its most recent dividend on November 3, 2016 with a Dividend per share of $0.19. The new indicated annual dividend based on announced dividend per share is $0.76. The dividend yield based on the forward looking indicated annual dividend is 4%. Time (TIME) has the most recent dividend payout ratio of 0.76 with a 5-year average payout ratio of 0.46. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.3.
Time Inc. (NYSE:TIME) rose 0.26% or 0.05 points on Thursday and made its way into the gainers of the day. After trading began at $19 the stock was seen hitting $19.25 as a peak level and $18.75 as the lowest level. The stock ended up at $19.05. The daily volume was measured at 709,853 shares. The 52-week high of the share price is $20.4 and the 52-week low is $12.5. The company has a market cap of $1,887 million. Shares of Time Inc. rose by 0.53% in the last five trading days and 0.53% for the last 4 weeks. Time Inc. is up 44.32% in the last 3-month period. Year-to-Date the stock performance stands at 6.72%.
Currently the company Insiders own 0.93% of Time Inc. shares according to the proxy statements. Institutional Investors own 89.9% of Time Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -0.38%. Company has reported several Insider transactions to the SEC, on Nov 8, 2016, John M Jr Fahey (director) purchased 1,000 shares at 12.62 per share price.On Nov 7, 2016, Gregory Giangrande (EVP,CHRO&Chief Commns Officer) sold 1,330 shares at 12.62 per share price.On May 10, 2016, David Arthur Bell (director) purchased 5,000 shares at 15.06 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Time Inc was Upgraded by Wells Fargo to Outperform on Jan 10, 2017.
Time Inc Last issued its quarterly earnings results on Feb 16, 2017. The company reported $0.75 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.78. The company had revenue of $867.00 million for the quarter, compared to analysts expectations of $874.48 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Time Inc. is a branded media company. It publishes magazines in the United States, the United Kingdom, and internationally. Time also provides content marketing services; targeted local print and digital advertising programs; branded book publishing; and marketing and support services, such as magazine subscription sales services, retail distribution and marketing services, and customer service and fulfilment services to other third-party clients, including other magazine publishers. The Companys brands includes Time, People, Sports Illustrated, InStyle, Real Simple, Travel + Leisure, Food & Wine, and Wallpaper. Time Inc. is headquartered in New York.