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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 Board of Directors at The New York Times Company has declared a quarterly dividend of $.09 per share on both Class A and Class B common stock. This dividend is scheduled for payment on January 19, 2023, to shareholders recorded as of January 4, 2023. With over 9 million subscribers, The New York Times has transitioned into a diversified media company, offering a wide range of content that includes news, cooking, games, and sports.
Positive
Quarterly dividend of $.09 per share declared, providing income to shareholders.
Strong subscriber base with over 9 million subscribers, indicating business stability.
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 January 19, 2023, to shareholders of record as of the close of business on January 4, 2023.
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