New Media Investment Group (NEWM) Declares $0.33 Quarterly Dividend; 7.7% Yield

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New Media Announces Third Quarter 2015 Results and Dividend of $0.33 per Common Share

October 29, 2015 6:50 AM EDT

NEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (New Media or the Company, NYSE: NEWM) today reported its financial results for the third quarter ended September 27, 2015.

Financial Summary

New Media declares a cash dividend of $0.33 per common share Total revenues of $312.1 million, an increase of 89.1% to prior year, and a decrease of 5.7% on a same store basis* Digital revenue of $29.1 million, an increase of 13.1% to prior year on a same store basis* Operating income of... More