NEW
YORK, May 8, 2023 /PRNewswire/ -- Paramount
Global (NASDAQ: PARA, PARAA) today announced that its Board of
Directors has declared a quarterly cash dividend of $0.05 per share on both its Class A and Class B
Common Stock. The dividend will be payable on July 3, 2023, to stockholders of record at the
close of business on June 15,
2023.
At the same time, the Board of Directors also declared a
quarterly cash dividend of $1.4375
per share on its 5.75% Series A Mandatory Convertible Preferred
Stock. The dividend will be payable on July
3, 2023, to stockholders of record at the close of business
on June 15, 2023.
PARA-IR
About Paramount
Paramount Global (NASDAQ: PARA,
PARAA) is a leading global media, streaming and entertainment
company that creates premium content and experiences for audiences
worldwide. Driven by iconic consumer brands, Paramount's portfolio
includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon,
MTV, Comedy Central, BET, Paramount+ and Pluto TV. Paramount holds
one of the industry's most extensive libraries of TV and film
titles. In addition to offering innovative streaming services and
digital video products, the company provides powerful capabilities
in production, distribution, and advertising solutions.
For more information about Paramount, please visit
www.paramount.com and follow @ParamountCo on social platforms.
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SOURCE Paramount Global