Company: Paramount Global (PARA)
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Company Profile: Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on ParamountÕs streaming platforms is created by the production studios housed within the firmÕs other two business segments. -Morningstar.com-
Symbol: PARA
Recent Price: $10.69
Dividends: $0.20
Yield: 1.87%
Sector: Communication Services
Industry: Entertainment
Address & Company Phone #: 1515 Broadway New York NY 10036, 212-258-6000
Transfer Agent: Equiniti Group plc. 866-595-1717
Moody’s Rating: Baa2
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: $10 (to $3)+10¢/sh. Cash: $2.50+10¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $15+10¢/sh.
52 Week High & Low: $24.00, $10.51