Tegna Inc.’s board of directors declared a regular quarterly dividend of 9.5 cents per share, payable on Oct. 3, to stockholders of record as of the close of business on Sept. 9.
Nexstar Media Group announced today that its board of directors declared a quarterly cash dividend of $0.90 per share of its common stock. The dividend is payable on Thursday, Aug. 25, to shareholders of record on Thursday, Aug. 11. In addition, the board approved a new share repurchase program authorizing the company to repurchase up […]
Nexstar Media Group’s board of directors declared a quarterly cash dividend of $0.90 per share on its Class A common stock. The dividend is payable on Friday, May 27, to shareholders of record on Friday, May 13. Also, Tegna‘s board declared a regular quarterly dividend of 9.5 cents per share, payable on July 1 to stockholders of record as of the close of business on June 3.
It will pay $0.90 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2022.
“Our substantial free cash flow reflects the continued performance of our business and consistent execution of our long-term strategy,” said Dave Lougee, Tegna president and chief executive officer.
ViacomCBS said its board of directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B Common Stock. The dividend will be payable on Jan. 3, 2022 to stockholders of record at the close of business on Dec. 15, 2021. At the same time, the board also declared a quarterly cash dividend of $1.4375 per share on its 5.75% Series A Mandatory Convertible Preferred Stock. The dividend will be payable on Jan. 3, 2022, to stockholders of record at the close of business on Dec. 15, 2021.
Exclusives
ViacomCBS’s board of directors announced a quarterly cash dividend of $0.24 per share on both its Class A and Class B common stock. The dividend will be payable on Oct. 1 to stockholders of record at the close of business on Sept. 15. At the same time, the board of directors also declared a quarterly cash dividend of $1.4375 per share on its 5.75% Series A mandatory convertible preferred stock. The dividend will be payable on Oct. 1 to stockholders of record at the close of business on Sept. 15.
Nexstar Media Group’s board of directors today announced a quarterly cash dividend of $0.70 per share of its Class A common stock. The dividend is payable on Friday, Aug. 27, to shareholders of record on Friday, Aug. 13.
Tegna Inc.’s board of directors declared a dividend of 9.5 cents per share, payable on Oct. 1 to stockholders of record as of the close of business on Sept. 3. “Our record first quarter results, and the second quarter and full-year 2021 guidance we provided on May 10, 2021, reflect the strength of our business and favorable positioning for continued growth and value creation,” said Dave Lougee, Tegna president-CEO. “As we announced on March 29, this 9.5 cents per share dividend represents a 36% increase to our prior dividend on an annualized basis, and is a reflection of our board’s active review of our capital allocation program and options to create and return value to shareholders.”
Gray Television on Tuesday announced that its board of directors authorized a quarterly cash dividend of $0.08 per share of its common stock and Class A common stock. The dividend is payable on June 30 to shareholders of record at the close of business on June 15.
Nexstar Media Group announced today that its board of directors declared a quarterly cash dividend of $0.70 per share of its Class A common stock. The dividend is payable on Friday, May 28, to shareholders of record on Friday, May 14.
The first increased quarterly dividend of 9.5 cents per share will be payable on July 1 to stockholders of record as of the close of business on June 4.
Jessell | Dividends Send Wrong Message About Broadcasting
Collectively, the five independent publicly traded TV station groups paid out more than $250 million in dividends last year. Those dollars and another $700 million in stock buybacks make investors happy, but they signal that the groups are more concerned with their short-term stock prices than in innnovation (ATSC 3.0) and the future viability of their principal offering (local news). Note: This story is available to TVNewsCheck Premium members only. If you would like to upgrade your free TVNewsCheck membership to Premium now, you can visit your Member Home Page, available when you log in at the very top right corner of the site or in the Stay Connected Box that appears in the right column of virtually every page on the site. If you don’t see Member Home, you will need to click Log In or Subscribe.
Tegna Inc.’s board of directors on Wednesday declared a dividend of 7 cents per share, payable on April 1 to stockholders of record as of the close of business on March 5. “Our sustained operational excellence has resulted in a record 2020 in the face of a challenging external market environment,” said Dave Lougee, Tegna president-CEO. “Due to the strength and resiliency of our business model and our strong performance, we remain positioned to continue our track record of delivering value for our shareholders.”
It OKs a 25% increase in quarterly cash dividend to $0.70 per share and authorizes repurchase up to $1 billion of its Class A common stock.
The board of directors of The E.W. Scripps Co. today declared a cash dividend for the fourth quarter of 2020. Scripps shareholders of record as of Dec. 15 will receive 5 cents per share, payable on Dec. 24. The dividend will be paid out of the company’s surplus.
Nexstar Media Group announced today that its board of directors declared a quarterly cash dividend of $0.56 per share of its Class A common stock. The dividend is payable on Friday, Nov. 20, to shareholders of record on Friday, Nov. 6.
Nexstar Media Group announced today that its board of directors declared a quarterly cash dividend of $0.56 per share of its Class A common stock. The dividend is payable on Friday, Aug. 21, to shareholders of record on Friday, Aug. 7. Nexstar said that while it intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the board of directors at its discretion.
Tegna Inc.’s board of directors on Wednesday declared a dividend of 7 cents per share, payable on Oct. 1, 2020, to stockholders of record as of the close of business on Sept. 4, 2020. “Due to our rigorous financial discipline during these challenging times and our continued focus on our five-pillar strategy, we remain well positioned to manage through current conditions and build on our long track record of shareholder value creation,” said Dave Lougee, Tegna president and CEO.
The board of directors of The E.W. Scripps Co. today declared a cash dividend for the second quarter of 2020. Scripps shareholders of record as of June 15, will receive 5 cents per share, payable on June 25. The dividend will be paid out of the company’s surplus.
Nexstar Media Group today announced that its board of directors declared a quarterly cash dividend of $0.56 per share of its Class A common stock. The dividend is payable on Friday, May 29, to shareholders of record on Friday, May 15.
Tegna Inc.’s board of directors today declared a dividend of 7 cents per share, payable on July 1 to stockholders of record as of the close of business on June 5. “Tegna’s positive momentum continued in the first quarter of 2020 as we continue to execute on our five-pillar strategy during these unprecedented times,” said Dave Lougee, president-CEO. “With our prudent capital structure and focus on our strategic vision, we remain positioned to create value for our shareholders.”
Scripps shareholders of record as of March 16 will receive 5 cents per share, payable on March 25. The company also authorized a share repurchase program of up to $100 million of Class A shares running through March 1, 2022.
The company today appointed Karen Grimes to its board as a new independent director and also declared a dividend of 7 cents per share, payable on April 1 to stockholders of record as of the close of business on March 6. It rejected “the four Standard General nominees to Tegna’s board.”
ViacomCBS Inc. announced that its board of directors has declared a quarterly cash dividend of $0.24 per share on both its Class A and Class B common stock. The dividend will be payable on April 1 to stockholders of record at the close of business on March 16.
The increase to $0.56 per share marks the company’s seventh annual consecutive rise in cash dividend.
Graham Holdings declared a regular quarterly dividend of $1.45 per share, payable on Feb. 20 to shareholders of record on Feb. 6.
The board of directors of the E.W. Scripps Co. today declared a cash dividend for the fourth quarter of 2019. Scripps shareholders of record as of Dec. 13, 2019, will receive 5 cents per share, payable on Dec. 24. The dividend will be paid out of the company’s surplus.
Tegna Inc. today declared a dividend of 7 cents per share, payable on Jan. 2, 2020, to stockholders of record as of the close of business on Dec. 6, 2019. “Tegna continues to create value for our shareholders through our operational excellence, rigorous financial discipline, and execution on key strategic initiatives,” said Victoria Harker, Tegna EVP-CFO.
The board of directors of the E.W. Scripps Co. has declared a cash dividend for the third quarter of 2019. Scripps shareholders of record as of Sept. 13 will receive 5 cents per share, payable on Sept. 25. The dividend will be paid out of the company’s surplus.
Sinclair Broadcast Group’s board of directors has declared a quarterly cash dividend of $0.20 per share on the Company’s Class A and Class B common stock. The dividend is payable on Sept. 16 to the holders of record at the close of business on Aug. 30.
The dividend is payable on Friday, Aug. 23 to shareholders of record on Friday, Aug. 9.
The board of directors of the E.W. Scripps Co. today declared a cash dividend for the second quarter of 2019. Scripps shareholders of record as of June 14 will receive 5 cents per share, payable on June 25. The dividend will be paid out of the company’s surplus.
Nexstar Media Group’s board of directors declared a quarterly cash dividend of $0.45 per share of its Class A common stock. The dividend is payable on Friday, May 24, to shareholders of record on Friday, May 10.
The broadcaster will pay a dividend of 7 cents per share on April 1 to stockholders of record as of the close of business on March 8.
The broadcaster declares a quarterly cash dividend of $0.45 per share. The Increase marks sixth annual consecutive rise in cash dividends.
As quarterly earnings season gets underway, the two station groups reveal dividend plans.
The board of directors of The E.W. Scripps Co. on Wednesday declared a cash dividend for the third quarter of 2018. Scripps shareholders of record as of Sept. 14 will receive 5 cents per share on Sept. 25. The dividend will be paid out of the company’s capital surplus. The cash dividend is the company’s third since reinitiating a quarterly dividend in February.
Sinclair Broadcast Group’s board of directors declared a quarterly cash dividend of $0.18 per share on the company’s Class A and Class B common stock. The dividend is payable on March 23 to the holders of record at the close of business on March 9.
The E.W. Scripps board has declared a cash dividend for the first quarter of 2018. Shareholders of record as of March 1 will receive 5 cents per share, payable on March 26. This will be the company’s first quarterly dividend since 2008. “The decision by our board to initiate a quarterly dividend is a sign of confidence in the state of our business and faith in our strategy for the future,” said Adam Symson, Scripps CEO. “We’re focused on strengthening our local media operations, anchored by our television stations, while we support the long-term value creation we see in the high-growth businesses we have in Katz, Midroll and Newsy.”
