Fox Corporation Declares $0.29 Dividend With Earnings Coverage
Fox Corporation declared a dividend on Thursday, August 6th, paying $0.29 per share. The announcement implies a 105.0% yield and a 13.3% payout ratio, suggesting the dividend is covered by earnings. Analysts expect the company to earn $5.69 per share next year, supporting the $0.56 annual dividend with a projected 9.8% payout ratio.