Nielsen Declares A Healthy Cash Dividend


There’s a little year-end bonus on the way for Nielsen shareholders of record as of Nov. 21.

The nation’s dominant provider of audience estimates and consumer research saw its Board of Directors declare a quarterly cash dividend of 34 cents per share.

The dividend is payable on Dec. 5.

Nielsen is expected to go Ex-Dividend at or about this time; it last went Ex-Dividend on Aug. 22.

At present, NLSN shares are just below its 1-year consensus target price of $45.15; just before the Closing Bell on Wall Street Friday, Nielsen was trading up 1.1%, to $41.74.

It’s been a mildly bumpy 2017 for Nielsen on Wall Street. After breaking the $45 mark in late February, Nielsen shares began a dip that ended June 5, with NLSN trading at $37.67. It’s seen up and down motion since.

Still, the $40-$45 range appears to be the new normal for Nielsen, which saw its shares slide from $54.60 one year ago to just over $42 by the end of November 2016.

This was the direct result of disappointing third-quarter 2016 financial results, which missed consensus estimates.