Time (TIME) Declares $0.19 Quarterly Dividend; 3.6% Yield
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Go back to Time (TIME) Declares $0.19 Quarterly Dividend; 3.6% Yield
May 7, 2015 6:00 AM EDT
First Quarter Highlights
Company posted Revenues of $680 million and Adjusted OIBDA of $51
million in the first quarter of 2015.
Adjusted OIBDA performance reflected strong digital advertising
growth and significant benefits from efficiency efforts.
Cash and cash equivalents at March 31, 2015 were $458 million. On
May 7, 2015, our Board of Directors declared a quarterly dividend of
$0.19 per common share to stockholders of record as of the close of
business on May 29, 2015, payable June 15, 2015.
We have listed for sale the Blue Fin building, our...
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May 7, 2015 6:00 AM EDT
NEW YORK--(BUSINESS WIRE)--
The Time Inc. (NYSE: TIME) Board of Directors today declared a regular
quarterly cash dividend of $0.19 per share payable on June 15, 2015 to
all common stockholders of record at the close of business on May 29,
2015.
ABOUT TIME INC.
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