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iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment offers broadcast radio stations, sponsorship, and live and virtual events; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 120 syndicated radio programs and services to approximately 6,400 radio station affiliates. It also delivers real-time traffic flow and incident information, and weather updates, sports, and news through approximately 2,100 radio stations and 170 television affiliates, and Internet and mobile partnerships. As of December 31, 2021, this segment owned 863 radio stations, which included 249 AM and 614 FM radio stations. The Digital Audio Group segment provides podcasting, digital sites, newsletters, digital services, and programs; and iHeartRadio, a mobile app and web-based service for radio stations, digital-only stations, custom artist stations, and podcasts. The Audio and Media Services Group segment engages in the media representation business. This segment also provides cloud and on-premises broadcast software, such as radio and television automation, music scheduling, newsroom automation, advertising sales management, disaster recovery solutions; and real-time audio recognition technology to approximately 10,000 radio and television stations, cable channels, record labels, advertisers, and agencies, as well as media streaming and research services. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas.

iHeartMedia Dividend Announcement

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

iHeartMedia Dividend History

iHeartMedia Dividend Yield

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

iHeartMedia Financial Ratios

P/E ratio-0.30
PEG ratio-0.18
P/B ratio-0.22
ROE156.91%
Payout ratio-0.33%
Current ratio1.92
Quick ratio1.92
Cash Ratio0.49

iHeartMedia Dividend FAQ

Does iHeartMedia stock pay dividends?
iHeartMedia does not currently pay dividends to its shareholders.
Has iHeartMedia ever paid a dividend?
No, iHeartMedia has no a history of paying dividends to its shareholders. iHeartMedia is not known for its dividend payments.
Why doesn't iHeartMedia pay dividends?
There are several potential reasons why iHeartMedia 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 iHeartMedia 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 iHeartMedia 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 iHeartMedia a dividend aristocrat?
iHeartMedia 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 iHeartMedia a dividend king?
iHeartMedia 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 iHeartMedia a dividend stock?
No, iHeartMedia 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 iHeartMedia stocks?
To buy iHeartMedia 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 iHeartMedia 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.