Scripps Networks (SNI) Approves $1 Billion Stock Buyback and Quarterly Cash Dividend
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Price: $68.82 +1.31%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 0.9%
Revenue Growth %: +11.0%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 0.9%
Revenue Growth %: +11.0%
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Scripps Networks Interactive Inc. (NYSE: SNI) has authorized an additional $1 billion for its share repurchase program. The prior $1 billion share repurchase authorization was completed during the second quarter of 2012.
The company’s board of directors also has declared a quarterly dividend of 12 cents ($0.12) per share. The dividend will be payable on Sept. 10, 2012, to shareholders of record at the close of business on Aug. 31, 2012.
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The company’s board of directors also has declared a quarterly dividend of 12 cents ($0.12) per share. The dividend will be payable on Sept. 10, 2012, to shareholders of record at the close of business on Aug. 31, 2012.
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