E.W. Scripps Co. (SSP) Declares $0.05 Quarterly Dividend, 1.7% Yield; Announces New Share Buyback Up to $100M

February 26, 2020 9:05 AM EST

E.W. Scripps Co. (NASDAQ: SSP) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on March 25, 2020, to stockholders of record on March 16, 2020, with an ex-dividend date of March 13, 2020.

The annual yield on the dividend is 1.7 percent.

Share Buyback Plan

Scripps shares may be repurchased from time to time at management's discretion, either in the open market, through pre-arranged trading plans or in privately negotiated block transactions. This authorization runs through March 1, 2022.

The last repurchase program, which the board of directors initially authorized in November 2016 and extended in June 2018, expires March 1, 2020.

For a dividend history and other dividend-related data on E.W. Scripps Co. (SSP) click here.

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