Fox Corporation (FOXA) will hike its semi-annual dividend by 4.3 percent to 24 cents per share in 2021. The media company started paying a semi-annual dividend of $0.23 per share in 2019.
The next ex-date is August 31, 2021. An indicated annualized dividend rate of 48 cents per share yields 1.3% at a stock price of $36.51. Fox Corp went public in 2019.
Fox Corporation produces and distributes compelling news, sports and entertainment content through its domestic brands including: FOX News, FOX Sports, the FOX Network, and the FOX Television Stations. Fox operates through three segments: Cable Network Programming, Television and Other, Corporate and Eliminations. The company went public in 2019 and initiated a semi-annual dividend shortly afterwards.