Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers various digital marketing solutions, including hosting, search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, email marketing, and website retargeting services, as well as traditional and mobile-enabled website design, creation, and development services. The Digital Advertising segment provides digital advertising on its owned and operated digital properties, and digital programmatic advertising platforms, as well as data analytics and management platform. The Broadcast Advertising segment engages in the sale of local radio stations to local, regional, and national spot advertisers, and national network advertisers. As of December 31, 2021, this segment owned and operated 322 radio stations and approximately 330 local websites in 67 local markets. It also owns and operates approximately 200 live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. was incorporated in 1996 and is headquartered in Purchase, New York.
Townsquare Media Dividend Announcement
• Townsquare Media announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-11-01. Ex dividend date: 2024-10-15
• Townsquare Media annual dividend for 2024 was $0.59
• Townsquare Media annual dividend for 2023 was $0.75
• Townsquare Media's trailing twelve-month (TTM) dividend yield is 10.04%
• Townsquare Media's payout ratio for the trailing twelve months (TTM) is -14.13%
Townsquare Media Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-15 | $0.20 | quarterly | 2024-11-01 |
| 2024-07-15 | $0.20 | quarterly | 2024-08-01 |
| 2024-04-04 | $0.20 | quarterly | 2024-05-01 |
| 2023-12-29 | $0.19 | quarterly | 2024-02-01 |
| 2023-09-29 | $0.19 | quarterly | 2023-11-01 |
| 2023-06-29 | $0.19 | quarterly | 2023-08-01 |
| 2023-03-24 | $0.19 | quarterly | 2023-05-01 |
| 2020-04-01 | $0.07 | quarterly | 2020-05-15 |
| 2019-12-26 | $0.07 | quarterly | 2020-02-14 |
| 2019-09-25 | $0.07 | quarterly | 2019-11-15 |
| 2019-06-27 | $0.07 | quarterly | 2019-08-15 |
| 2019-04-01 | $0.07 | quarterly | 2019-05-15 |
| 2018-12-26 | $0.07 | quarterly | 2019-02-15 |
| 2018-09-26 | $0.07 | quarterly | 2018-11-15 |
| 2018-06-27 | $0.07 | quarterly | 2018-08-15 |
| 2018-03-29 | $0.07 | quarterly | 2018-05-15 |
Townsquare Media Dividend per year
Townsquare Media Dividend growth
Townsquare Media Dividend Yield
Townsquare Media current trailing twelve-month (TTM) dividend yield is 10.04%. Interested in purchasing Townsquare Media stock? Use our calculator to estimate your expected dividend yield:
Townsquare Media Financial Ratios
P/E ratio-1.68
PEG ratio0.05
P/B ratio-2.19
ROE648.84%
Payout ratio-14.13%
Current ratio1.28
Quick ratio1.28
Cash Ratio0.38
Townsquare Media Dividend FAQ
How much is the next Townsquare Media dividend?
Townsquare Media's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Townsquare Media dividend. The next Townsquare Media dividend will be released in March, June, September, or December.
When is Townsquare Media dividend paid?
Townsquare Media pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Townsquare Media pay?
The specific amount of Townsquare Media dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Townsquare Media's dividend history.
Does Townsquare Media stock pay dividends?
Yes, Townsquare Media does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Townsquare Media's dividend history.
How much dividend does Townsquare Media pay?
Townsquare Media paid $0.592 in 2024, $0.75 in 2023, $0.0 in 2022, $0.0 in 2021, and $0.075 in 2020.
How often does Townsquare Media pay dividends?
Townsquare Media typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Townsquare Media's dividend yield?
The current dividend yield for Townsquare Media is 10.04%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Townsquare Media's exact dividend yield.
When does Townsquare Media go ex dividend?
Townsquare Media's ex-dividend date for the latest dividend was on 2024-10-15. Townsquare Media typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Townsquare Media dividend paid?
Townsquare Media pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Townsquare Media increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Townsquare Media will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Townsquare Media dividend per share?
Townsquare Media paid $0.592 per share in 2024 and $0.75 per share in 2023. The amount of dividend per share that Townsquare Media pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Townsquare Media a dividend aristocrat?
No, 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 Townsquare Media a dividend king?
No, 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 Townsquare Media a dividend stock?
Yes, Townsquare Media is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Townsquare Media a good dividend stock?
Whether Townsquare Media is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Townsquare Media has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Townsquare Media 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.
Other factors to consider when evaluating Townsquare Media 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.
Does Townsquare Media pay dividends monthly?
Townsquare Media typically pays dividends on a quarterly basis.
Does Townsquare Media pay dividends quarterly?
Townsquare Media currently pays dividends on a quarterly basis.
Has Townsquare Media ever paid a dividend?
Yes, Townsquare Media has a history of paying dividends to its shareholders. Townsquare Media is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Townsquare Media dividend stocks?
To buy Townsquare 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Townsquare 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.
Place an order: Use the brokerage's trading platform to place an order to buy Townsquare 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.
When does Townsquare Media pay dividends 2024?
Townsquare Media pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-01. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Townsquare Media increase its dividend in 2024?
Decisions regarding Townsquare Media dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Townsquare Media dividend overview you can look into the above table of dividend history.
How Townsquare Media dividend works?
The Townsquare Media dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Townsquare Media's dividend process works:
1. Determination of Dividend: Townsquare Media'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, Townsquare Media 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, Townsquare Media 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 Townsquare Media 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. Determination of Dividend: Townsquare Media'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, Townsquare Media 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, Townsquare Media 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 Townsquare Media 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.
How are Townsquare Media dividends paid?
Townsquare Media dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Townsquare Media 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, Townsquare Media distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Townsquare Media 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.
1. Record Date: Townsquare Media 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, Townsquare Media distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Townsquare Media 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.
How many times does Townsquare Media pay dividends?
Townsquare Media typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Townsquare Media pay dividends?
The general pattern is that Townsquare Media pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Townsquare Media dividend safe?
The safety of Townsquare Media's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Townsquare Media'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 Townsquare Media'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.
To assess the safety of Townsquare Media'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 Townsquare Media'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.