Dish Network Declares $2 Dividend for Shareholders

Dish Network (NASDAQ:DISH) will pay a non-recurring dividend of $2 a share on Dec. 1. The company last paid a special dividend two years ago. The announcement was made during Dish’s earnings release.

Speculation exists the company is paying out the dividend to assure shareholders they won’t spend insanely on tons of costly wireless infrastructure.

Following is some information about the company’s stock price performance, along with that of some of its competitors.

  • Dish Network Corp. (NASDAQ:DISH): The shares recently traded at $24.14, up $0.66, or 2.81%. Its market capitalization is $10.77 billion. They have traded in a 52-week range of $17.95 to $32.56. Volume today was 4,364,635 shares versus a 3-month average volume of 3,296,680 shares. The company’s trailing P/E is 7.81, while trailing earnings are $3.09 per share. About the company: DISH Network Corp. provides a direct broadcast satellite subscription television service in the United States. Get the most recent company news and stock data here >>
  • DIRECTV (NASDAQ:DTV): The shares recently traded at $45.43, down $1.23, or 2.64%. Its market capitalization is $33.54 billion. They have traded in a 52-week range of $39.12 to $53.40. Volume today was 3,099,350 shares versus a 3-month average volume of 7,453,110 shares. The company’s trailing P/E is 14.16, while trailing earnings are $3.21 per share. About the company: DIRECTV provides digital television entertainment in the United States and Latin America. The Company acquires, promotes, sells and distributes digital entertainment programming via satellite to residential and commercial subscribers. Get the most recent company news and stock data here >>
  • Comcast Corporation (NASDAQ:CMCSA): The shares recently traded at $22.33, down $0.42, or 1.85%. Its market capitalization is $61.39 billion. They have traded in a 52-week range of $19.19 to $27.16. Volume today was 6,782,156 shares versus a 3-month average volume of 21,878,900 shares. The company’s trailing P/E is 16.06, while trailing earnings are $1.39 per share. The company pays a dividend of $0.45 per share for a dividend yield of 2.00%. About the company: Comcast Corporation is a provider of video, high-speed Internet and phone services. The Company offers a variety of entertainment, information and communications services to residential and commercial customers. Comcast is headquartered in Philadelphia, Pennsylvania. Get the most recent company news and stock data here >>
  • Cablevision Systems Corporation (NYSE:CVC): The shares recently traded at $15.11, up $0.24, or 1.61%. Its market capitalization is $4.30 billion. They have traded in a 52-week range of $14.18 to $38.08. Volume today was 1,891,521 shares versus a 3-month average volume of 3,803,970 shares. The company’s trailing P/E is 12.67, while trailing earnings are $1.19 per share. The company pays a dividend of $0.60 per share for a dividend yield of 4.00%. About the company: Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks. Get the most recent company news and stock data here >>
  • Time Warner Cable Inc. (NYSE:TWC): The shares recently traded at $61.40, up $0.11, or 0.18%. Its market capitalization is $19.59 billion. They have traded in a 52-week range of $60.19 to $80.86. Volume today was 1,093,759 shares versus a 3-month average volume of 2,755,860 shares. The company’s trailing P/E is 14.18, while trailing earnings are $4.33 per share. The company pays a dividend of $1.92 per share for a dividend yield of 3.10%. About the company: Time Warner Cable Inc. offers cable television subscription services. The Company also offers Internet access and voice over Internet protocol telephone services. Get the most recent company news and stock data here >>

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