Townsquare Media, Inc. (NYSE:TSQ) Declares Quarterly Dividend of $0.20

Townsquare Media, Inc. (NYSE:TSQ - Get Free Report) declared a quarterly dividend on Monday, November 10th. Stockholders of record on Monday, January 26th will be paid a dividend of 0.20 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 14.8%. The ex-dividend date of this dividend is Monday, January 26th.Analysts Think These Stocks Could More Than DoubleTownsquare Media has increased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Townsquare Media has a dividend payout ratio of 71.4% meaning its dividend is sufficiently covered by earnings. Analysts expect Townsquare Media to earn $1.29 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 62.0%. Get Townsquare Media alerts:Townsquare Media Stock Down 11.3%Shares of NYSE:TSQ traded down $0.69 during midday trading on Monday, reaching $5.42. 172,605 shares of the company traded hands, compared to its average volume of 78,437. The firm's fifty day moving average price is $6.60 and its two-hundred day moving average price is $6.99. The firm has a market capitalization of $89.13 million, a price-to-earnings ratio of 2.68, a price-to-earnings-growth ratio of 1.88 and a beta of 1.16. Townsquare Media has a 12 month low of $5.27 and a 12 month high of $10.50. About Townsquare Media (Get Free Report)Top Dividend Stocks Analysts Recommend for 2025Townsquare Media, Inc operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.Recommended StoriesFive stocks we like better than Townsquare MediaLow PE Growth Stocks: Unlocking Investment OpportunitiesInsiders Sold Big at These 3 Stocks—Should You Worry?What Investors Need to Know About Upcoming IPOsShares Down, Price Targets Up: 3 Stocks Upgraded After +10% DropsStock Market Sectors: What Are They and How Many Are There? Nuclear Stocks Are Melting Down—Should Investors Panic?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Townsquare Media Right Now?Before you consider Townsquare Media, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Townsquare Media wasn't on the list.While Townsquare Media currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here