Altice USA, Inc. Class A Common Stock (ATUS)
Altice USA, Inc. Class A (ATUS) is a telecommunications and media company that provides cable television, internet, and phone services to residential and business customers primarily in the United States. It operates through its wholly owned subsidiaries, offering a combination of broadband, video, and voice solutions, along with advertising and media services. Altice USA is part of the Altice Group, a multinational telecommunications and media company headquartered in the Netherlands.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| June 6, 2018 | $2.04 | 2018-06-07 | 2018-05-22 |
Dividends Summary
- Altice USA, Inc. Class A Common Stock has issued 1 dividend payments over the past 0 years
- The most recent dividend was paid 2663 days ago, on June 6, 2018
- The highest dividend payed out to investors during this period was $2.035 per share
- The average dividend paid during this period was $2.04 per share.
Company News
The broadband industry has launched STRIKE, an initiative to combat increasing criminal attacks on telecommunications infrastructure, with 5,770 incidents reported between June and December 2024 that disrupt critical services like emergency response, healthcare, and government operations.
The carriage dispute between Optimum and MSG Networks could negatively impact MSG Networks' financials, but potentially benefit Sphere Entertainment by reducing its debt. The analyst sees the loss of Optimum carriage as a net positive for Sphere Entertainment.
Vodafone's share price has been trading sideways as investors await the company's upcoming trading update. The telecom giant is undergoing a turnaround, having faced industry-wide challenges leading to a significant decline in its stock price. Vodafone is working to reduce its debt and global footprint, while also investing in network upgrades and seeking to boost its market share in the UK.
Three stocks were added to the Zacks Rank #5 (Strong Sell) list today: Alliance Resource Partners, L.P., B&G Foods, Inc., and Altice USA, Inc. The Zacks Consensus Estimate for their current year earnings has been revised downward over the last 60 days.
Any deal announcement would arrive during tough times for the cable industry.
