The New York Times Company Declares Regular Quarterly Dividend

Rhea-AI Summary

The New York Times Company's Board of Directors has declared a quarterly dividend of $.09 per share on Class A and Class B common stock. This dividend will be payable on July 21, 2022, to shareholders of record as of July 11, 2022. The Times has achieved over 9 million subscribers, contributing to more than 10 million subscriptions across various products, solidifying its status as a diversified media entity.

Positive

• Quarterly dividend of $.09 per share enhances shareholder income.
• More than 9 million subscribers demonstrate strong customer engagement.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The New York Times Company’s Board of Directors today declared a regular quarterly dividend of $.09 per share on the Company’s Class A and Class B common stock. The dividend is payable on July 21, 2022, to shareholders of record as of the close of business on July 11, 2022.

The New York Times Company is a trusted source of quality, independent journalism whose mission is to seek the truth and help people understand the world. With more than 9 million subscribers accounting for more than 10 million subscriptions across a diverse array of print and digital products — from news to cooking to games to sports — The Times has evolved from a local and regional news leader into a diversified media company with curious readers, listeners and viewers around the globe. Follow news about the company at NYTCo.com.

This press release can be downloaded from www.nytco.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20220627005674/en/

Investors: Harlan Toplitzky, 212-556-7775, harlan.toplitzky@nytimes.com

Media: Danielle Rhoades Ha, 212-556-8719, danielle.rhoades-ha@nytimes.com

Source: The New York Times Company

FAQ

What is the dividend amount declared by NYT?

The dividend amount declared by NYT is $.09 per share.

When will the NYT dividend be paid?

The NYT dividend will be paid on July 21, 2022.

Who are the shareholders of record for the NYT dividend?

The shareholders of record for the NYT dividend are those as of July 11, 2022.

How often does NYT pay dividends?

NYT typically pays dividends quarterly.

Is the dividend from NYT sustainable?

The sustainability of NYT's dividend would depend on its ongoing financial performance and subscriber growth.