News Corp Class A Non-Voting Common Stock-Cdi 1:1 (ASX:NWSLV) Sets New 1-Year High Following Dividend Announcement

News Corp Class A Non-Voting Common Stock-Cdi 1:1 (ASX:NWSLV) reached a new 52-week high on Tuesday after the company announced a dividend. The stock traded as high as A$20.89 ($14.82) and last traded at A$20.89 ($14.82), with a volume of 473 shares changing hands. The stock had previously closed at A$20.33 ($14.42).

The newly announced dividend which will be paid on Wednesday, October 16th. Shareholders of record on Wednesday, October 16th will be issued a dividend of $0.103 per share. This represents a yield of 0.51%. The ex-dividend date is Tuesday, September 10th. News Corp Class A Non-Voting Common Stock-Cdi 1:1’s payout ratio is 115.38%.

The firm has a 50 day moving average price of A$19.18. The company has a debt-to-equity ratio of 14.09, a current ratio of 1.21 and a quick ratio of 0.95. The firm has a market capitalization of $12.22 billion and a PE ratio of 80.35.

About News Corp Class A Non-Voting Common Stock-Cdi 1:1 (ASX:NWSLV)

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.

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