The New York Times Company Announces Dividend Declaration
The New York Times Company Announces Dividend Declaration
The New York Times Company’s Board of Directors has made an announcement regarding a regular quarterly dividend that reflects its ongoing commitment to delivering value to its shareholders. This dividend will be set at $0.13 per share, affecting both Class A and Class B common stocks.
Details of the Dividend Announcement
The dividend is scheduled to be payable on a future date, designated as October 24, 2024. Shareholders who are on record as of the end of business on October 9, 2024, will be entitled to receive this dividend. This decision showcases the company's dedication to providing returns to those who invest in its future.
Commitment to Quality Journalism
The New York Times Company (NYSE: NYT) stands as a powerful entity in the realm of journalism. It has cultivated a reputation as a credible and independent source of news. The organization’s commitment extends beyond reporting; its mission is to uncover the truth while facilitating a deeper understanding of the world. This dedication has helped it garner trust and respect from its audience.
Growing Subscriber Base
With a robust subscriber base exceeding 10 million, The New York Times Company assembles a varied offering that includes news, cooking, games, and sports. This range illustrates the company's ability to appeal to a diverse demographic, catering to the curious minds wanting more than mere headlines. Its adaptability has transformed it from a local player into a significant multimedia entity.
A Diversified Media Landscape
As a diversified media company, The New York Times is not confined to traditional newspaper publishing. Instead, it creates a dynamic platform that spans across digital and print mediums. The continued evolution places the company at the forefront of a vibrant media landscape, connecting with readers, listeners, and viewers from varied backgrounds around the world.
Innovation and Audience Engagement
The Times embraces innovation to engage its audience effectively. By expanding its offerings, it caters to a broader range of interests and needs. This strategic focus not only strengthens its market position but also enhances the customer experience, ruling out monotony in engagement while encouraging deeper connections with its content.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend is $0.13 per share for both Class A and Class B common stock.
When will the dividend be payable?
The dividend is scheduled to be payable on October 24, 2024.
Who qualifies to receive the dividend?
Shareholders who are recorded as of October 9, 2024, will be eligible to receive the dividend.
What defines The New York Times Company's mission?
The mission of The New York Times Company is to seek the truth and help people understand the world through quality journalism.
How large is The New York Times Company’s subscriber base?
The New York Times has a subscriber base of more than 10 million across various platforms.
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