Table of Contents

company-logo

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. It owns and operates 406 stations in 86 markets, as well as approximately 9,500 affiliated stations through Westwood One. The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners. It also provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation management, and search engine marketing and optimization. The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms. Cumulus Media Inc. was incorporated in 2002 and is based in Atlanta, Georgia.

Cumulus Media Dividend Announcement

• Cumulus Media does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Cumulus Media dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Cumulus Media Dividend History

Cumulus Media Dividend Yield

Cumulus Media current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Cumulus Media stock? Use our calculator to estimate your expected dividend yield:

Cumulus Media Financial Ratios

P/E ratio-0.10
PEG ratio-0.03
P/B ratio0.07
ROE-57.68%
Payout ratio0.00%
Current ratio1.89
Quick ratio1.89
Cash Ratio0.39

Cumulus Media Dividend FAQ

Does Cumulus Media stock pay dividends?
Cumulus Media does not currently pay dividends to its shareholders.
Has Cumulus Media ever paid a dividend?
No, Cumulus Media has no a history of paying dividends to its shareholders. Cumulus Media is not known for its dividend payments.
Why doesn't Cumulus Media pay dividends?
There are several potential reasons why Cumulus Media would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Cumulus Media ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Cumulus Media has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Cumulus Media a dividend aristocrat?
Cumulus Media is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Cumulus Media a dividend king?
Cumulus Media is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Cumulus Media a dividend stock?
No, Cumulus Media is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Cumulus Media stocks?
To buy Cumulus Media you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Cumulus Media stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.