Time Warner pays dividends consistently
Time Warner (TWX) has been steadily paying attractive dividends for the last several years. In 1Q18, the company paid $317 million, or $0.40 per share, in dividends. The company has paid a consistent dividend of $0.40 per share in each quarter for the last two years, and it expects to maintain a stable and regular dividend payment trend in the near term.
Dividend payment history
Time Warner has been paying regular dividends since 2009. Since the October 2016 announcement of its potential merger with telecom giant AT&T (T), Time Warner has stopped raising its dividend and has discontinued its share repurchase program.
Balance sheet position
In 1Q18, Time Warner’s cash flow from operations was $1.3 billion, down from the $1.5 billion seen in 1Q17. Its long-term debt rose from $18.29 billion in 1Q17 to $18.33 billion in 1Q18, and its total capital expenditure was $147 million, higher than its 1Q17 capital expenditure of $98 million.