CVC Cablevision Systems
- Price as of: Jul 07, 05:01 PM EDT
- Catv systems
CVC Stock Dividend DataAdd CVC to Watchlist
CVC Daily Snapshot
- Quote Time:
- Jul 07, 05:01 PM
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- Day's Range:
- $24.02 - $24.87
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- 52 Week Low / High:
- $16.94 - $26.50
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CVC Dividend Growth History
Last 5 Yrs
Last 3 Yrs
|Reveal More Dividend Growth History for CVC||1.4%||0.0%||No Payout Increase Last Year|
CVC Dividend History
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CVC Company Profile
Cablevision Systems (CVC) operates as a cable operator in the United States. It also operates cable programming networks, entertainment businesses, and telecommunications companies. The company operates in three segments: Telecommunications Services, Rainbow, and Madison Square Garden. Cablevision Systems Corporation was founded in 1985 and is headquartered in Bethpage, New York.
Cablevision Systems News
February 26, 2015
Before Thursday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst commentary for investors.
June 05, 2015
Below are the dividend stocks that were subject to analyst moves before the bell. Our analysts weigh in with insight and commentary as to what you can expect going forward.
Jan 5, 2015Before Monday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst...
Today's Pre-Market Earnings: Molson Coors Brewing Company, Apache Corporation, The Wendy's Co, More (TAP, APA, WEN, More)Nov 6, 2014Before the opening bell on Thursday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
Today's Pre-Market Earnings: Cedar Fair, L.P., Scotts Miracle-Gro Co, Zoetis Inc, More (FUN, SMG, ZTS, More)Aug 5, 2014Before the opening bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these...
Today's Pre-Market Earnings: Apollo Global Management LLC, Scripps Networks Interactive, Inc., Cablevision Systems Corporation, More (APO, SNI, CVC, More)May 8, 2014Before Thursday's opening bell, some big name, dividend paying companies announced their quarterly earnings. Below, we look at these earnings...
Feb 26, 2014On Wednesday, Cablevision Systems Corporation () reported a drop its its fourth quarter earnings. The company's Q4 earnings a year ago were...
Cablevision Systems Corporation Shares Rise on Q3 Earnings Beat; Dividend Maintained (CVC)Nov 8, 2013Regional cable TV and Internet provider Cablevision Systems Corporation (CVC) on Friday announced better-than-expected third quarter earnings results, reversing a year-ago loss. Cablevision's Q3 Earnings in Brief - Net income totaled $294.6 million, or $1.10 per share, reversing last year's loss of $3.79 million, or -1 penny per share. - Revenue rose 1.8% from last year to $1.57 billion. - Analysts expected much lower earnings of just 11 cents per share, on matching revenue. Latest Dividend Reiterated; Yield Surpasses Peers In its earnings release, Cablevision announced it would continue its dividend payout of 15 cents per share. The latest dividend will be paid on Dec. 13 with an ex-dividend date of Nov. 20. The company has not raised its dividend payout since May of 2011. Despite the lack of dividend raise, CVC's dividend yield of 3.84% compares favorably with other stocks in its industry. Time Warner Cable (TWC) offers a yield of 2.2%, while Comcast Corporation (CMCSA) yields just 1.65%. The average dividend yield for S&P 500 companies is around 2.5%, so Cablevision's yield is well above both its industry average as well as the wider market average. Still, its lofty yield has come more as a result of poor price performance, rather than dividend increases. Shares Rise, but Still Tail Indexes Cablevision shares rose more than 2% in early trading on Friday, but the company's stock performance has lagged the wider markets for quite some time. Year-to-date, CVC has gained about 6%, compared with a 24% gain in the benchmark S&P 500 index. The stock was trading around the $38 level as recently as early 2011, so its dividend yield has risen significantly as its stock price plunged to around $16.Expand to read the full story
Nomura Securities Downgrades Cablevision to "Neutral," But Raises Price Target (CVC)Aug 19, 2013Early on Monday, Cablevision Systems Corporation (CVC) was downgraded by analysts at Nomura Securities, as they expect the stock to be expensive due to diminished free cash flow and disappointing subscriber trends. The analysts downgraded CVC from "Buy" to "Neutral," but raised the price target from $19 to $20. This new price target suggests an 8.5% upside to the stock's Friday closing price of $18.43. Furthermore, the analysts boosted the stock's fiscal 2013 EPS estimates from 16 cents to 19 cents. However, for fiscal 2014, EPS estimates were cut from 64 cents to 58 cents. Nomura analyst Adam Ilkowitz commented, "Financial results in 2Q13 were strong for Cablevision, achieving 26% sequential AOCF growth and returning to positive fully taxed free cash flow. Revenue was a bit lower than expected, but Cable AOCF margin of 32.1% was better than our 31.5% forecast due to better control of non-programming costs. While revenue and AOCF met or beat expectations, subscriber trends disappointed for the second consecutive quarter. With Net Debt / EBITDA reaching 4.8x, including the Bresnan proceeds, we believe that Cablevision is near the level where it can resume share repurchases. We expect an improvement in AOCF and declining capital spending in the coming years but do not think free cash flow will exceed $500mn for some time, making Cablevision expensive on FCF yield despite the improvement in shareholder returns." Cablevision shares were inactive during pre-market trading on Monday. The stock is up 23.36% year-to-date. The Bottom Line Shares of Cablevision Systems Corp (CVC) offer a dividend yield of 3.26% based on Friday's closing price of $18.43 and the company's annualized dividend payout of 60 cents per share. Cablevision Systems Corporation (CVC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story
Cablevision Q2 Profit Rises; Earnings from Continuing Operations Top Estimates (CVC)Aug 2, 2013Cable operator Cablevision Systems Corporation (CVC) reported early on Friday that its second quarter net income more than doubled year-over-year. However, earnings from continuing operations declined 63%. Nonetheless, earnings per share from continuing operations beat analysts' estimates. The Bethpage, New York-based company posted a second quarter net income of $135.36 million, or 51 cents per share, up from $63.53 million, or 24 cents per share, earned in the same period a year ago. Cablevision's income from continuing operations came in at $28.22 million, or 11 cents per share, down from $77.239 million, or 29 cents per share, last year. On average, analysts were expecting the company to see earnings from continuing operations of 5 cents per share. The company's quarterly revenues came in at $1.57 billion, up slightly from the $1.56 billion in revenues posted in the second quarter of 2012. Analysts were expecting the company to see revenues of $1.58 billion in the quarter. Cablevision shares were inactive during pre-market trading on Friday. The stock is up 24.77% year-to-date. The Bottom Line Shares of Cablevision (CVC) offer a dividend yield of 3.22% based on last night's closing price of $18.64 and the company's annualized dividend payout of 60 cents per share. Cablevision Systems Corporation (CVC) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.1 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.Expand to read the full story