Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. The company provides its services under the Shutterstock, Bigstock, Offset, TurboSquid,PremiumBeat brand names, as well as Application programming interface to enhance workflow and project management needs, and search capabilities. It serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators. The company was founded in 2003 and is headquartered in New York, New York.
Shutterstock Dividend Announcement
• Shutterstock announced a quarterly dividend of $0.30 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• Shutterstock annual dividend for 2024 was $1.20
• Shutterstock annual dividend for 2023 was $1.08
• Shutterstock's trailing twelve-month (TTM) dividend yield is 3.72%
• Shutterstock's payout ratio for the trailing twelve months (TTM) is 114.38%
Shutterstock Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.30 | quarterly | 2024-12-13 |
2024-08-29 | $0.30 | quarterly | 2024-09-12 |
2024-05-30 | $0.30 | quarterly | 2024-06-13 |
2024-02-28 | $0.30 | quarterly | 2024-03-14 |
2023-11-29 | $0.27 | quarterly | 2023-12-14 |
2023-08-30 | $0.27 | quarterly | 2023-09-14 |
2023-05-31 | $0.27 | quarterly | 2023-06-15 |
2023-03-01 | $0.27 | quarterly | 2023-03-16 |
2022-11-30 | $0.24 | quarterly | 2022-12-15 |
2022-08-31 | $0.24 | quarterly | 2022-09-15 |
2022-06-01 | $0.24 | quarterly | 2022-06-16 |
2022-03-02 | $0.24 | quarterly | 2022-03-17 |
2021-12-01 | $0.21 | quarterly | 2021-12-16 |
2021-09-01 | $0.21 | quarterly | 2021-09-16 |
2021-06-02 | $0.21 | quarterly | 2021-06-17 |
2021-03-03 | $0.21 | quarterly | 2021-03-18 |
2020-12-02 | $0.17 | quarterly | 2020-12-16 |
2020-09-02 | $0.17 | quarterly | 2020-09-17 |
2020-06-03 | $0.17 | quarterly | 2020-06-18 |
2020-03-04 | $0.17 | quarterly | 2020-03-19 |
2018-08-14 | $3.00 | quarterly | 2018-08-29 |
Shutterstock Dividend per year
Shutterstock Dividend growth
Shutterstock Dividend Yield
Shutterstock current trailing twelve-month (TTM) dividend yield is 3.72%. Interested in purchasing Shutterstock stock? Use our calculator to estimate your expected dividend yield:
Shutterstock Financial Ratios
Shutterstock Dividend FAQ
Other factors to consider when evaluating Shutterstock as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Shutterstock's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Shutterstock publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Shutterstock distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Shutterstock are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Shutterstock sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Shutterstock distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Shutterstock declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Shutterstock's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Shutterstock's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.