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Cablevision Systems Corp. (CVC) Will Trade Ex-Div on 11/8/11

By Dividend Channel Staff, Friday, November 4, 10:42 AM ET
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On 11/8/11, Cablevision Systems Corp. (NYSE:CVC) will trade ex-dividend, for its quarterly dividend of $0.15, payable on 12/2/11. As a percentage of CVC's recent stock price of $14.78, this dividend works out to approximately 1.01%.

Below is a dividend history chart for CVC, showing historical dividends prior to the most recent $0.15 declared by Cablevision Systems Corp.:

CVC Dividend History
Date Div*
08/17/11 0.150
07/01/11 10.875
05/12/11 0.150
02/24/11 0.125
11/10/10 0.125
08/12/10 0.125
05/13/10 0.125
03/04/10 0.100
11/10/09 0.100
08/06/09 0.100
05/14/09 0.100
03/05/09 0.100
11/13/08 0.100
08/22/08 0.100
04/25/06 10.000
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVC is likely to continue, and whether the current estimated yield of 4.06% on annualized basis is a reasonable expectation of annual yield going forward.

CVC operates in the Television & Radio sector, among companies like AMC Networks Inc (NASDAQ:AMCX) which is down about 2% today, and Pandora Media Inc (NYSE:P) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of CVC, versus AMCX and P.

CVC,AMCX,P Relative Performance Chart

In Friday trading, Cablevision Systems Corp. shares are currently down about 1.5% on the day.


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