Dividend Worth Watching: Dec 15, 2016 is the day Time Inc. (NYSE:TIME) promises dividends of $0.19. Here’s what they have to say.

Dividend Worth Watching: Dec 15, 2016 is the day Time Inc. (NYSE:TIME) promises dividends of $0.19. Here's what they have to say.

Time Inc. (NYSE:TIME) is expected to pay $0.19 on Dec 15, 2016. The indicated annual dividend is $0.76. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Time Inc.’s current price of $13.80, the dividend is 1.38%. This dividend’s record date is Nov 30, 2016 and the announcement date is Nov 3, 2016. The stock decreased 1.08% or $0.15 on November 25, hitting $13.8. About 373,992 shares traded hands. Time Inc (NYSE:TIME) has declined 8.18% since April 25, 2016 and is downtrending. It has underperformed by 14.20% the S&P500.

Time Inc. is a media company. The Company’s brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as over 50 diverse titles in the United Kingdom, such as Decanter, Horse & Hound, and Wallpaper*. The company has a market cap of $1.35 billion. The Company’s franchises and events include the Fortune 500, Time 100, People’s Sexiest Man Alive, Sports Illustrated’s Sportsperson of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. It currently has negative earnings.

Time Inc (NYSE:TIME) Ratings Coverage

Out of 5 analysts covering Time (NYSE:TIME), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. Time has been the topic of 6 analyst reports since November 5, 2015 according to StockzIntelligence Inc. Macquarie Research upgraded Time Inc (NYSE:TIME) on Thursday, May 19 to “Outperform” rating. The stock of Time Inc (NYSE:TIME) earned “Outperform” rating by FBR Capital on Thursday, November 5. The stock of Time Inc (NYSE:TIME) earned “Buy” rating by Citigroup on Tuesday, August 9. The firm has “Market Perform” rating given on Friday, November 6 by Wells Fargo. The stock of Time Inc (NYSE:TIME) has “Buy” rating given on Friday, February 12 by Gabelli. The stock has “Outperform” rating given by FBR Capital on Friday, February 12.

More important recent Time Inc (NYSE:TIME) news were published by: Nypost.com which released: “Time Inc gets a major new investor” on November 16, 2016, also Marketwatch.com published article titled: “Time Inc. revenue hit by decline of print”, Nypost.com published: “Time Inc hasn’t made money this year” on November 04, 2016. More interesting news about Time Inc (NYSE:TIME) was released by: Prnewswire.com and their article: “Teads And Time Inc. Announce Strategic Outstream Video Advertising Partnership” with publication date: November 10, 2016.

TIME Company Profile

Time Inc., incorporated on September 28, 1988, is a media company. The Firm has a monthly global print audience of over 120 million and approximately 150 million monthly visitors to its digital properties, including over 60 Websites. The Company’s brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as over 50 diverse titles in the United Kingdom, such as Decanter, Horse & Hound, and Wallpaper*. The Company’s franchises and events include the Fortune 500, Time 100, People’s Sexiest Man Alive, Sports Illustrated’s Sportsperson of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. The Firm provides content marketing, targeted local print and digital advertising programs, branded book publishing, and marketing and support services, including subscription sales services for magazines and other products, retail distribution and marketing services, and customer service and fulfillment services, for the Company and third-party clients, including other magazine publishers.

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