OUTFRONT Media Announces Quarterly Dividend

Rhea-AI Summary

OUTFRONT Media Inc. (NYSE: OUT) has declared a quarterly cash dividend of $0.30 per share, which will be payable on March 31, 2023. Shareholders of record as of March 3, 2023 will receive this dividend. The announcement highlights the company's commitment to returning value to its shareholders amidst its efforts to leverage technology and creativity in the outdoor advertising space. OUTFRONT Media aims to connect brands with consumers through a broad range of billboard and transit assets throughout North America.

Positive

• Quarterly cash dividend of $0.30 per share enhances shareholder returns.
• Demonstrates company confidence in maintaining shareholder value.

Negative

• None.

NEW YORK, Feb. 22, 2023 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that its board of directors has declared a quarterly cash dividend on the Company's common stock of $0.30 per share payable on March 31, 2023, to shareholders of record at the close of business on March 3, 2023.

About OUTFRONT Media Inc.
OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.

Contacts:
Investors	Media
Stephan Bisson	Courtney Richards
Investor Relations	PR & Events Specialist
(212) 297-6573	(646) 876-9404
stephan.bisson@outfront.com	courtney.richards@outfront.com

                                                                               

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SOURCE OUTFRONT Media Inc.

FAQ

What is the dividend amount declared by OUTFRONT Media?

OUTFRONT Media has declared a quarterly cash dividend of $0.30 per share.

When is the dividend payable for OUTFRONT Media?

The dividend is payable on March 31, 2023.

Who is eligible for the OUTFRONT Media dividend?

Shareholders of record as of March 3, 2023, are eligible for the dividend.

How does the dividend impact OUTFRONT Media stock?

The dividend declaration can positively influence investor sentiment and encourage long-term holding of OUTFRONT Media stock.