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Time Warner (TWX) Declares $0.4025 Quarterly Dividend; 2.1% Yield

August 3, 2016 7:04 AM EDT

Time Warner (NYSE: TWX) declared a quarterly dividend of $0.4025 per share, or $1.61 annualized.

The dividend will be payable on September 15, 2016, to stockholders of record on August 31, 2016, with an ex-dividend date of August 29, 2016.

The annual yield on the dividend is 2.1... More

Time Warner (TWX) Tops Q2 EPS by 13c; Boosts FY16 EPS Outlook; Will Take 10% Stake in Hulu

August 3, 2016 7:03 AM EDT

Time Warner (NYSE: TWX) reported Q2 EPS of $1.29, $0.13 better than the analyst estimate of $1.16. Revenue for the quarter came in at $7 billion versus the consensus estimate of $7.05 billion.

GUIDANCE:

Time Warner sees FY2016 EPS of $5.35-$5.45, versus prior guidance of $5.30-$5.40 and the consensus of $5.39.

Hulu:

Time Warner Inc. and Hulu LLC announced that Time Warner will become a 10% owner of Hulu, the premium streaming TV service that offers the best of... More