Time (TIME) Declares $0.19 Quarterly Dividend; 3.5% Yield
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Time Inc. Reports Second Quarter 2015 Results
August 4, 2015 6:00 AM EDTSecond Quarter Highlights
Company posted Revenues of $773 million and Adjusted OIBDA of $117 million for the second quarter of 2015.
Investment highlights in the quarter and through early July include Sports Illustrated Play, a new venture devoted to youth sports; and the acquisition of experiential company inVNT.
On August 4, 2015, our Board of Directors declared a dividend of $0.19 per common share to stockholders of record as of the close of business on August 31, 2015, payable September 15, 2015.
NEW YORK--(BUSINESS WIRE)-- Time Inc. (NYSE: TIME) reported financial results... More
Time Inc. Board Declares Regular Quarterly Dividend of $0.19 Per Share
August 4, 2015 6:00 AM EDTNEW 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 September 15, 2015 to all common stockholders of record at the close of business on August 31, 2015.
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