Business
CuriosityStream Declares Special One-Time Cash Dividend of $0.10 per share
SILVER SPRING, Md., May 09, 2025--CuriosityStream Inc. (NASDAQ: CURI, or the "Company"), a leading global factual entertainment media company, today announced that its Board of Directors has declared a special, one-time cash dividend of $0.10 per share, payable on June 27, 2025, to shareholders of record on June 13, 2025.
About this update from Curiositystream Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2500,"height":862,"url":"https://media.zenfs.com/en/business-wire.com/e0a1a8421cffbb94240c8d50b2f752f8"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2tZwgb4RYMUWcAAMY6J02A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTMzMTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e0a1a8421cffbb94240c8d50b2f752f8","width":960,"height":331},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/zNBDhCOew_l8Gq06LCay9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD04Mjg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/e0a1a8421cffbb94240c8d50b2f752f8","width":1200,"height":414}},"lazy":false},{"type":"text","content":"SILVER SPRING, Md., May 09, 2025--(BUSINESS WIRE)--CuriosityStream Inc. (NASDAQ: CURI, or the "Company"), a leading global factual entertainment media company, today announced that its Board of Directors has declared a special, one-time cash dividend of $0.10 per share, payable on June 27, 2025, to shareholders of record on June 13, 2025.","length":350,"tagName":"p"},{"type":"text","content":""Today’s dividend announcement reflects the strength of our financial position and rewards the enduring support of our shareholders," said Clint Stinchcomb, CEO of CuriosityStream. "Our continued outperformance of key operational benchmarks reinforces our confidence in the strength and long-term resilience of our business model."","length":351,"tagName":"p"},{"type":"text","content":"Over the past two years, the Company has achieved sustainable improvements in cash flow and reported both positive net income and EBITDA for the quarter ended March 31, 2025, a significant milestone and important inflection point in the development of the Company’s business.","length":275,"tagName":"p"},{"type":"text","content":"This special, one-time dividend is incremental to the Company’s regular quarterly dividends, which it began paying in April 2024. The Company’s dividend policy has increased from an initial annual dividend of $0.10 per share to the current annual rate of $0.32 per share.","length":271,"tagName":"p"},{"type":"text","content":""The increase in dividend payouts underscores our long-term commitment to returning value to our shareholders — many of whom have supported us since b...