Report post

Does comScore pay dividends?

(Quarate later sold its stock to Liberty and Cerberus.) The dividends on the preferred stock come to about $15.5 million annually. During the second quarter of 2024, Comscore had a net loss of $1.05 million, Including $4.2 million in dividend payments, Comscore’s net loss available to common shareholders rose to $5.3 million.

Why is comScore (SCOR) a good stock to buy?

comScore (SCOR) shares soared 11.8% in the last trading session to close at $13.90. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 11% loss over the past four weeks. The stock is benefiting from growth in the company’s cross-platform products and cost discipline.

Why did comScore ask the preferred stockholders to refinance?

Looking to conserve cash, Comscore has asked the preferred stockholders who helped refinance the company to put off dividend payments. The preferred stock was issued in 2021 to Charter Communications, Quarate Retail and Cerberus and enabled the media measurement company to wipe out its $204 million in debt.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts