Stingray Declares Quarterly Dividend as Streaming Portfolio Broadens Global Reach

An update from Stingray Group ( (TSE:RAY) ) is now available.

Stingray Group Inc., a TSX-listed streaming media company, curates and distributes a broad array of audio and video content worldwide through connected TVs, smart speakers, mobile devices, connected cars and retail environments. The company’s portfolio, which includes brands such as TuneIn, Singing Machine, Stingray Karaoke and Qello Concerts, reaches hundreds of millions of consumers monthly and provides advertisers with wide, multiplatform exposure.

Stingray’s board has declared a quarterly dividend of $0.085 per subordinate voting, variable subordinate voting and multiple voting share, payable around June 15, 2026, to shareholders of record as of May 29, 2026. The dividend, designated as an eligible dividend for Canadian tax purposes, underscores the company’s ongoing capital-return policy, though management notes that future dividends remain subject to board discretion based on cash flow, financial condition and growth opportunities.

The most recent analyst rating on (TSE:RAY) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Stingray Group stock, see the TSE:RAY Stock Forecast page.

Spark’s Take on RAY Stock

According to Spark, TipRanks’ AI Analyst, RAY is a Outperform.

The score is driven primarily by strong free cash flow and solid profitability, supported by a constructive technical uptrend. Offsetting factors are meaningful leverage and earnings variability, plus a relatively high P/E with only a modest dividend yield; earnings-call commentary was broadly positive but noted margin pressure and acquisition-driven debt.

To see Spark’s full report on RAY stock, click here.

More about Stingray Group

Stingray Group Inc., listed on the TSX under the symbol RAY, is a global connected streaming media company that curates and distributes audio and video content to consumers worldwide. Its portfolio spans live audio and radio stations, premium music channels, concerts, music documentaries, karaoke products, and ambience and wellness channels, delivered via connected TVs, smart speakers, mobile devices, connected cars and retail networks.

The company reaches hundreds of millions of consumers each month, offering substantial advertising reach for brands seeking engaged audiences across multiple platforms. Stingray owns well-known brands including TuneIn, Singing Machine, Stingray Karaoke and Qello Concerts, and operates with a workforce of more than 1,000 employees across its global operations.

Average Trading Volume: 70,678

Technical Sentiment Signal: Buy

Current Market Cap: C$990.8M

For a thorough assessment of RAY stock, go to TipRanks’ Stock Analysis page.