January 22, 2026 a 03:31 pm
📊 PARA: Dividend Analysis - Paramount Global
Paramount Global displays a fluctuating dividend profile with a current yield of 1.90%. The company shows a significant historical dividend distribution despite recent reductions, indicating potential volatility in dividend sustainability.
🗣️ Overview
Paramount Global operates within the media and entertainment sector and offers a moderate dividend yield. A strategic review of this yield highlights both opportunities and risks inherent in the company's current payout strategy.
| Sector | Dividend Yield (%) | Current Dividend per Share (USD) | Dividend History (Years) | Last Cut or Suspension |
|---|---|---|---|---|
| Media and Entertainment | 1.90 | 0.25 | 20 | 2024 |
📈 Dividend History
The company's historical dividend payout reflects its commitment to returning capital to shareholders. An analysis is vital to understanding long-term trends and sustainability.
| Year | Dividend per Share (USD) |
|---|---|
| 2025 | 0.20 |
| 2024 | 0.20 |
| 2023 | 0.39 |
| 2022 | 0.96 |
| 2021 | 0.96 |
📈 Dividend Growth
The negative growth in dividends over 3 and 5 years depicts a contracting distribution, essential information for forecasting future dividends.
| Time | Growth (%) |
|---|---|
| 3 years | -0.41 |
| 5 years | -0.27 |
The average dividend growth is -0.27% over 5 years. This shows a trend of declining dividend growth, raising questions about long-term distribution sustainability.
✅ Payout Ratio
Payout ratios are critical in assessing the sustainability of dividends relative to earnings and cash flows.
| Key figure | Ratio (%) |
|---|---|
| EPS-based | -37.12 |
| Free cash flow-based | 52.04 |
The -37.12% EPS-based payout ratio and 52.04% FCF-based ratio indicate negative earnings pressure against positive cash flow utilization, suggesting potential risks for future dividends.
💸 Cashflow & Capital Efficiency
Understanding cash flows and capital efficiency provides insight into financial resilience and operational efficiency.
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Free Cash Flow Yield | 0.07 | 0.02 | -0.01 |
| Earnings Yield | -0.89 | -0.06 | 0.10 |
| CAPEX/OPEX | 0.35 | 0.69 | 1.64 |
| Stock-comp/Revenue | 0.0084 | 0.0060 | 0.0057 |
| FCF/OCF Ratio | 0.65 | 0.31 | -0.63 |
The varied FCF/OCF ratios point towards inconsistencies in cash flow management, affecting liquidity and investment capabilities.
🏦 Balance Sheet & Leverage Analysis
A strong balance sheet and wise leverage use are pillars of financial stability, offering insights into risk exposure.
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debt-to-Equity | 0.95 | 0.70 | 0.75 |
| Debt-to-Assets | 0.34 | 0.30 | 0.30 |
| Debt-to-Capital | 0.49 | 0.41 | 0.43 |
| Net Debt to EBITDA | 6.68 | 157.62 | 5.53 |
| Current Ratio | 1.34 | 1.32 | 1.23 |
| Quick Ratio | 1.15 | 1.17 | 1.11 |
| Financial Leverage | 2.83 | 2.38 | 2.53 |
The relatively strong current and quick ratios suggest acceptable short-term liquidity levels, though high leverage indicates elevated financial risks.
📈 Fundamental Strength & Profitability
Evaluating profitability ratios provides a glimpse into the intrinsic earning abilities and financial health.
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Return on Equity | -0.38 | -0.03 | 0.05 |
| Return on Assets | -0.13 | -0.01 | 0.02 |
| Net Margin | -0.21 | -0.02 | 0.04 |
| EBIT Margin | -0.18 | -0.01 | 0.07 |
| EBITDA Margin | -0.17 | 0.003 | 0.086 |
| Gross Margin | 0.30 | 0.25 | 0.34 |
| R&D/Revenue | 0 | 0 | 0 |
The negative profitability ratios require close monitoring as they could indicate deeper underlying issues within the corporate structure.
📉 Price Development
✅ Dividend Scoring System
| Criteria | Score | Score Bar |
|---|---|---|
| Dividend yield | 2 | |
| Dividend Stability | 2 | |
| Dividend growth | 1 | |
| Payout ratio | 3 | |
| Financial stability | 2 | |
| Dividend continuity | 2 | |
| Cashflow Coverage | 1 | |
| Balance Sheet Quality | 2 |
Total Score: 15/40
⚖️ Rating
Based on the presented analysis, Paramount Global's inconsistent dividend profile, combined with negative profitability and evolving payout concerns, calls for a cautious "Hold" recommendation. Investors should watch for signs of strategic improvement and financial stabilization before making further decisions.