Scripps Networks Interactive, Inc. Plans Quarterly Dividend of $0.30 (SNI)

Scripps Networks Interactive, Inc. (NASDAQ:SNI) declared a quarterly dividend on Wednesday, February 14th, RTT News reports. Stockholders of record on Wednesday, February 28th will be paid a dividend of 0.30 per share on Saturday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Tuesday, February 27th.

Scripps Networks Interactive (NASDAQ:SNI) opened at $88.12 on Thursday. The stock has a market capitalization of $11,453.31, a P/E ratio of 16.36, a PEG ratio of 3.13 and a beta of 1.40. The company has a debt-to-equity ratio of 0.90, a quick ratio of 3.19 and a current ratio of 3.19. Scripps Networks Interactive has a one year low of $64.87 and a one year high of $88.87.

In other Scripps Networks Interactive news, Director Michael R. Costa sold 18,955 shares of the stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $83.64, for a total transaction of $1,585,396.20. Following the sale, the director now owns 13,035 shares in the company, valued at approximately $1,090,247.40. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.50% of the stock is currently owned by corporate insiders.

A number of research firms recently weighed in on SNI. Zacks Investment Research cut Scripps Networks Interactive from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. Cowen restated a “hold” rating and issued a $90.00 price target on shares of Scripps Networks Interactive in a report on Monday, February 5th. Finally, BidaskClub cut Scripps Networks Interactive from a “hold” rating to a “sell” rating in a report on Thursday, February 15th. One equities research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the company’s stock. Scripps Networks Interactive presently has an average rating of “Hold” and a consensus target price of $86.57.

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Scripps Networks Interactive Company Profile

Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content, providing primarily home, food, travel and other lifestyle-related programing. The Company’s content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.

Dividend History for Scripps Networks Interactive (NASDAQ:SNI)

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