The New York Times Company Declares Regular Quarterly Dividend

Rhea-AI Summary

The New York Times Company has declared a regular quarterly dividend of $.13 per share on its Class A and Class B common stock. This dividend will be payable on July 25, 2024, to shareholders of record as of July 9, 2024. The move reflects the company's ongoing commitment to providing shareholder returns.

With over 10 million subscribers across both print and digital platforms, The New York Times continues to be a leading source of quality, independent journalism. The company has expanded its offerings to include various products like news, cooking, games, and sports, thereby evolving into a diversified media entity with a global audience.

Positive

• Declared a quarterly dividend of $.13 per share.
• Dividend payable on July 25, 2024, indicating financial stability and shareholder return.
• Over 10 million subscribers, reflecting a strong customer base.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The New York Times Company’s Board of Directors today declared a regular quarterly dividend of $.13 per share on the Company’s Class A and Class B common stock. The dividend is payable on July 25, 2024, to shareholders of record as of the close of business on July 9, 2024.

The New York Times Company (NYSE: NYT) is a trusted source of quality, independent journalism whose mission is to seek the truth and help people understand the world. With more than 10 million subscribers 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/20240625763085/en/

Investors: Anthony DiClemente, 212-556-7661, anthony.diclemente@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 The New York Times Company?

The New York Times Company declared a quarterly dividend of $.13 per share.

When is the dividend payable for The New York Times Company's shareholders?

The dividend is payable on July 25, 2024.

What is the record date for The New York Times Company's latest dividend?

The record date is July 9, 2024.

How many subscribers does The New York Times Company have?

The New York Times Company has over 10 million subscribers.

What types of products does The New York Times Company offer?

The New York Times Company offers a range of products including news, cooking, games, and sports.