E.W. Scripps Co. (SSP) Declares $1.0297 Special Dividend; 3.7% Yield

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E.W. Scripps Company announces payment of special dividend to shareholders

March 30, 2015 10:11 AM EDT

CINCINNATI, March 30, 2015 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) has set the amount of a special cash dividend related to the merger of its broadcast assets with those of Journal Communications and the spinoff of their respective newspapers.

The special one-time cash dividend of $1.0297 per share is payable to shareholders of record as of the close of business on March 25, 2015. The total amount of the special dividend payment will be $60 million.

Scripps shareholders of record as of the close of business on March 25, 2015, also will receive... More