Shutterstock Increases Quarterly Dividend, Payable on March 18, 2021
January 12, 2021 at 04:30 pm EST
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Shutterstock, Inc. announced that its Board of Directors has declared a cash dividend of $0.21 per share of outstanding common stock, payable on March 18, 2021, to stockholders of record at the close of business on March 4, 2021.
Shutterstock, Inc. provides a global creative platform for connecting brands and businesses to quality content. Its content is distributed to customers under various ranges of brands: Shutterstock; Pond5; TurboSquid; PicMonkey; PremiumBeat; Splash News; Bigstock, and Offset. Shutterstock brand includes various content types, such as image, footage, music and editorial. Pond5 is a video-first content marketplace which expands the Companyâs content offerings across footage, image and music. TurboSquid operates a marketplace that offers more than one million 3D models and a 2-dimensional marketplace derived from 3D objects. PicMonkey is an online graphic design and image editing platform. PremiumBeat offers music tracks and provides producers, filmmakers, and marketers the ability to search handpicked production music from the composers. Splash News provides editorial image and video content across celebrity and red carpet events. It also provides digital creative assets and templates.