Friday , 20 July 2018

Home » RESOURCES » INVESTING » Lions Gate suspends quarterly dividend as it waits to close $4.4 bln Starz deal

Lions Gate suspends quarterly dividend as it waits to close $4.4 bln Starz deal

Lions Gate Entertainment Corp. said late Thursday it will suspend is quarterly cash dividend immediately as it waits to close its merger with Starz . Lions Gate entered an agreement back in June to buy Starz for $4.4 billion. The company’s previous quarterly dividend was 9 cents per share, paid Aug. 5. Shares of Lions Gate are down more than 35% in the year to date, underperforming the S&P 500 Index , which is up more than 6%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Lions Gate suspends quarterly dividend as it waits to close $4.4 bln Starz deal Reviewed by on . Lions Gate Entertainment Corp. said late Thursday it will suspend is quarterly cash dividend immediately as it waits to close its merger with Starz . Lions Gate Lions Gate Entertainment Corp. said late Thursday it will suspend is quarterly cash dividend immediately as it waits to close its merger with Starz . Lions Gate Rating:
scroll to top