Viacom, Dish Announce Dividend and 3 Media Titans Make Waves
Coinstar, Inc. (NASDAQ:CSTR) has risen 10.3 percent year-to-date, and the stock has begun to bounce back due to a recent slump. Last Friday, the shares closed at the top of their 10-week and 20-week moving averages for the first time since July 13. However, former resistance in the $52 to $54 lies just overhead and may possibly halt the stock’s rebound.
CBS Corporation (NYSE:CBS) shares are given a Buy rating from TheStreet Ratings with a ratings score of A- . The company’s strengths are visible in various areas, like its revenue growth, which is mainly a solid financial position with reasonable debt levels by most measures, notable return on equity, reasonable valuation levels, and solid stock price performance.
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Comcast Corporation (NASDAQ:CMCSA): NOOK Media LLC, which is a subsidiary of Barnes & Noble (NYSE:BKS), announced that its NOOK Video offering of films and TV shows continues to be available in the UK for NOOK HD and NOOK HD+ customers via new and expanded licensing partnerships with major studios along with top content providers including BBC Worldwide, HBO (NYSE:TWX), NBCUniversal, Sony Pictures Home Entertainment (NYSE:SNE), STARZ (NASDAQ:LMCA), and Warner Bros. Entertainment. Barnes & Noble additionally is the first digital retailer to offer UltraViolet titles in the UK, as it brings unmatched convenience and portability to customers’ compatible digital video collections.
Dish Network Corp. (NASDAQ:DISH) made the announcement of an ex-dividend date of December 12, 2012 and a cash dividend payment totaling $1 per share scheduled for December 28, 2012. Those shareholders purchasing DISH stock before the ex-dividend date are eligible for the cash dividend payment. This shows a 50 percent drop from the year before. Currently, the company has a stock price of $37.68, with a dividend yield of 31.85 percent.
Viacom, Inc. (NYSE:VIA) has made an announcement revealing an ex-dividend date of December 12, 2012 and a cash dividend payment of $0.275 per share scheduled for December 31, 2012. Those shareholders that purchased VIAB stock prior to the ex-dividend date currently are eligible for the cash dividend payment. This marks the third quarter that VIAB has paid the same dividend. Currently, the company has a stock price of $53.55, and the dividend yield has reached 2.05 percent.