Washington Post Co. Cl B (WPO) Declares $2.35 Quarterly Dividend; 2.9% Yield; Authorizes 750K Cl. B Common Buyback
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Washington Post Co. Cl B (NYSE: WPO) declared a quarterly dividend of $2.35 per share, or $9.4 annualized.
The dividend will be payable on November 4, 2011, to stockholders of record on October 24, 2011, with an ex-dividend date of October 20, 2011.
The annual yield on the dividend is 2.9 percent.
The Company also said its Board of Directors has authorized the Company to acquire up to 750,000 shares of its Class B common stock. The Company did not announce a ceiling price or a time limit for the purchases. This authorization includes 43,573 shares that remained under the previous authorization.
The dividend will be payable on November 4, 2011, to stockholders of record on October 24, 2011, with an ex-dividend date of October 20, 2011.
The annual yield on the dividend is 2.9 percent.
The Company also said its Board of Directors has authorized the Company to acquire up to 750,000 shares of its Class B common stock. The Company did not announce a ceiling price or a time limit for the purchases. This authorization includes 43,573 shares that remained under the previous authorization.
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