2/5 WWE Smackdown Audience Drops, WWE Network Subscriber and Stock News, Is WWE Burning Through Cash?

WWE Smackdown Viewership Drops

wwe smackdownThis week’s edition of WWE Smackdown took in an average audience of 2,441,000 viewers, down from last week’s live edition, which took in an average of 2,952,000 viewers.

Last week’s edition of WWE Smackdown was a live special to make up for the cancelation of the arena Raw show.

Latest WWE Financial News

As we previously reported, WWE announced the company’s regular quarterly dividend of $0.12 per share for all Class A and B shares of common stock.

The record date for the dividend will be March 13, 2015 and the payment date will be March 25, 2015.

Seeking Alpha has published an article claiming WWE is burning through cash, and that investors should expect a dividend cut within the next three to six months. The article added that while WWE did report a 1 million subscriber mark for the WWE Network, it’s still too early to tell if the company can sustain that number of subscribers.

In other WWE financial news, Benchmark upgraded WWE stock from a “Hold” to a “Buy” this week.

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