Comprehensive Overview of Shutterstock Dividends and Recent Developments Before Ex-Dividend Date on Jun 5, 2025

CashCowSunday, Jun 1, 2025 7:09 pm ET
1min read
Shutterstock (SSTK) has recently announced its upcoming dividend distribution, with an ex-dividend date set for Jun 5, 2025. The dividend announcement was made on Apr 21, 2025, and the payment is scheduled for Jun 19, 2025, at a rate of $0.330 per share. This amount is slightly lower than the average of the last ten dividends, which stands at $0.368 per share. The last dividend, also $0.330 per share, was paid on Mar 20, 2025. Both dividends are classified as cash dividends.

As of late, Shutterstock has been in the spotlight due to several key developments. Recently, an analyst has reiterated a Buy rating for the company, although the price target was adjusted downward. This reflects an attractive valuation amidst market conditions. Over the past week, the company also saw a modest rise in stock price, closing at $18.45 on May 30, 2025, which marks an increase of 1.04% from the previous close. Additionally, recent reports have highlighted that ProShare Advisors LLC has acquired a new position in Shutterstock shares, indicating growing investor interest.

Within the same period, Shutterstock has faced legal challenges related to its merger with Getty Images, announced on Jan 6, 2025. This development could significantly impact the company's operations and market performance. Furthermore, Shutterstock Studios continues to expand, marking a year of substantial growth in producing creative social content.

In conclusion, Shutterstock's financial and operational landscape is undergoing notable changes as the company heads towards its ex-dividend date of Jun 5, 2025. Investors should note that this date marks the last opportunity to purchase shares and be eligible for the upcoming dividend. Any stock purchases made after the ex-dividend date will not qualify for this dividend distribution.