CBS Corporation (NYSE:CBS) Declared Its Quarterly Dividend


Dallas, Texas 11/27/2013 (Financialstrend) – On Tuesday, CBS Corporation (NYSE:CBS) declared its quarterly dividend.  Stockholders who are of record on Wednesday, 11th December will be given the dividend of 0.12 / share on Wednesday, 1st January 2014. This represents $0.48 dividend on an annualized-basis and a 0.82% yield. Numerous analysts have weighed in on the company’s stock recently. Barrington Research analysts raised their PT on CBS Corporation (NYSE:CBS) shares from $58.00 to $70.00 on Thursday, 14th November and currently have an “outperform” rating on the company’s stock. Benchmark Co. raised their PT on shares of CBS Corporation (NYSE:CBS) from $63.00 to $69.00 on Monday, 11th November 11th and have set a “buy” rating on its stock. Pivotal Research analysts raised their PT on the company’s  Corp from $62.00 to $64.00 on  Thursday, 7th November  and have now set a “buy” rating on CBS Corporation (NYSE:CBS) stock. One equities research analyst has assigned a “sell” rating, 4 have assigned a “hold” rating, 23 analysts have assigned a “buy” rating and 1 has assigned a “strong buy” rating to the stock. Currently, the average rating on the CBS Corporation (NYSE:CBS) stock is a “buy” and the average PT is $60.72.

Tuesday’s trading

Over Tuesday’s trading session, CBS Corporation (NYSE:CBS) rose by 0.10%. The shares opened at a price of $58.39, climbed to the intraday high of $58.71 and headed to a close of $58.53. Around 6.08 million shares were exchanged on Tuesday and an average-volume of 4.61 million shares were traded over 30 days. The 52-week low of CBS Corporation (NYSE:CBS) shares is $34.32 and the 52-week high is $61.08. The company has a market capitalization of $35.13 billion.                                        

About the company

CBS Corporation (NYSE:CBS) is a mass-media company. It has operations in different segments, like Entertainment, Publishing, Cable Networks, and Local Broadcasting & Outdoor.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.