Tribune Media Co.’s board of directors today declared a quarterly cash dividend of $0.25 per share on the company’s Class A common stock and Class B common stock. In addition, holders of the company’s outstanding warrants will receive a cash payment equal to the amount of the dividend paid per share of common stock for each share of common stock such warrants are exercisable into. The dividend is payable on June 15 to stockholders and warrant holders of record at the close of business on June 1. This is the first quarterly dividend declared by the board of directors.
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