New Media Investment Group (NEWM) Declares $0.33 Quarterly Dividend; 7.8% Yield
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New Media Announces Second Quarter 2015 Results and Dividend of $0.33 per Common Share
July 30, 2015 7:10 AM EDTNEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (New Media or the Company, NYSE: NEWM) today reported its financial results for the second quarter ended June 28, 2015.
Financial Summary
New Media declares a cash dividend of $0.33 per common share for the second quarter of 2015 Total revenues of $299.5 million, an increase of 89.0% to prior year, and a decrease of 3.5% on a same store basis* Digital revenue of $27.0 million, an increase of 10.7% to prior year on a same store basis*... More