CuriosityStream confirms $0.10 special dividend record date

Published 13/06/2025, 14:06
CuriosityStream confirms $0.10 special dividend record date

SILVER SPRING, Md. - CuriosityStream Inc. (NASDAQ:CURI) confirmed today that shareholders of record as of June 13, 2025, will be eligible for its previously announced one-time cash dividend of $0.10 per share. The special dividend will be paid on June 27, 2025. According to InvestingPro data, the company currently offers a substantial 6.41% dividend yield, with dividend growth of 220% over the last twelve months.

The factual entertainment media company noted that this special dividend is separate from its regular quarterly dividend program, which began in April 2024. According to the company, its dividend policy has grown from an initial annual rate of $0.10 per share to the current annual rate of $0.32 per share. InvestingPro analysis shows the company maintains a healthy balance sheet with more cash than debt and a current ratio of 1.87.

CuriosityStream operates a subscription video-on-demand service available in more than 175 countries, along with a linear television channel and other content platforms. The company offers factual programming covering science, nature, history, technology, society, and lifestyle topics.

The special dividend announcement comes after the company declared the payment on May 8, 2025. This information was shared in a press release statement issued by the company.

In other recent news, CuriosityStream Inc. reported its first positive net income in the first quarter of 2025, with earnings per share of $0.01, surpassing the forecasted loss of $0.02. The company achieved revenue of $15.1 million, exceeding expectations of $14.95 million, marking a 26% increase year-over-year. CuriosityStream also declared a special, one-time cash dividend of $0.10 per share, set to be paid in June 2025, alongside its regular quarterly dividends. The company has expanded its content licensing agreements globally, including deals with France TV and Canal+, and is licensing content to tech companies for AI training. Furthermore, Curiosity has launched a new Spanish-language streaming channel, Curiosity Now, on Samsung TV Plus in Spain, expanding its free, ad-supported streaming service. Analysts from Needham and Company and Singular Research have expressed positive sentiments regarding the company’s financial performance and strategic initiatives. CuriosityStream’s CEO, Clint Stinchcomb, emphasized the company’s commitment to shareholder value and its confidence in sustaining positive cash flow and profitability. These developments highlight CuriosityStream’s ongoing efforts to enhance its revenue streams and global reach.

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