NEW
YORK, Oct. 12, 2023 /PRNewswire/ -- Paramount
Global (NASDAQ: PARA, PARAA) today announced that its Board of
Directors has declared a quarterly cash dividend of $0.05 per share on both its Class A and Class B
Common Stock. The dividend will be payable on January 2, 2024, to stockholders of record at the
close of business on December 15,
2023.
At the same time, the Board of Directors also declared a
quarterly cash dividend of $1.4375
per share on its 5.75% Series A Mandatory Convertible Preferred
Stock. The dividend will be payable on January 2, 2024, to stockholders of record at the
close of business on December 15,
2023.
PARA-IR
About Paramount
Paramount Global (NASDAQ: PARA, PARAA) is a leading global
media, streaming and entertainment company that creates premium
content and experiences for audiences worldwide. Driven by iconic
consumer brands, Paramount's portfolio includes CBS, Showtime
Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central,
BET, Paramount+ and Pluto TV. Paramount holds one of the industry's
most extensive libraries of TV and film titles. In addition to
offering innovative streaming services and digital video products,
the company provides powerful capabilities in production,
distribution, and advertising solutions.
For more information about Paramount, please visit
www.paramount.com and follow @ParamountCo on social platforms.
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SOURCE Paramount Global