Cinemark Holdings (CNK) Raises Quarterly Dividend 10.3% to $0.32; 3.2% Yield

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Go back to Cinemark Holdings (CNK) Raises Quarterly Dividend 10.3% to $0.32; 3.2% Yield

Cinemark Holdings, Inc. Reports Record Revenues, Net Income, Adjusted EBITDA and EPS for 2017 and Announces a 10% Increase in Its Annual Dividend

February 23, 2018 6:30 AM EST

PLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and twelve months ended December 31, 2017 and announced that its Board of Directors has increased its cash dividend by 10% to $1.28 per share of common stock on an annualized basis, effective immediately. The fourth quarter dividend of $0.32 will be paid on March 22, 2018 to stockholders of record on March 8, 2018.

Cinemark Holdings, Inc.s total revenues for the three months ended December 31, 2017 were $750.0 million compared to $700.9 million for the three months ended... More