The Board of Directors of Nielsen Holdings plc has declared a quarterly cash dividend of $0.06 per share of Nielsen’s common stock.
The dividend is payable on June 18 to shareholders of record at the close of business on June 4.
The announcement comes as Nielsen’s shares struggle to overcome a COVID-19 pandemic-fueled dip in value — the latest for a company that is down $39 a share from April 2016.
With Thursday’s closing bell on Wall Street, NLSN finished the day down 50 cents, to $12.60.
Nielsen’s shares reached a low of $11.85 per share on April 1, and were at $22.25 on February 10, prior to the COVID-19 pandemic’s arrival in the U.S. and key international markets for Nielsen.
An ex-dividend date of March 4 yielded no positive benefit, as shares only further dropped for Nielsen.
With its Q1 earnings due between April 28 and May 4, the mood from investors could continue to be gloomy, as Nielsen shares are at a 10-year low.
Five years ago, they were priced at $45 per share.