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The New York Times Company Declares Regular Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
The New York Times Company has announced a quarterly dividend of $.07 per share on its Class A and Class B common stock. This dividend is payable on October 22, 2021, to shareholders on record as of the close of business on October 11, 2021. With over 8 million subscriptions across various platforms, the company continues to establish itself as a premier source of independent journalism. For more information, visit NYTCo.com.
Positive
Quarterly dividend of $.07 per share declared.
Strong subscriber base with over 8 million subscriptions.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
The New York Times Company’s Board of Directors today declared a regular quarterly dividend of $.07 per share on the Company’s Class A and Class B common stock. The dividend is payable on October 22, 2021, to shareholders of record as of the close of business on October 11, 2021.
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 8 million subscriptions across a diverse array of print and digital products — from news to cooking to games — 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