Entercom Communications (ETM) Initiates Qtr. Dividend at 7.5c/Share; Yields 2.6%
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Entercom Communications Corp. Announces Initiation of Quarterly Cash Dividend Program and Declares Second Quarter Dividend of $0.075 Per Share
May 2, 2016 8:00 AM EDTBALA CYNWYD, Pa.--(BUSINESS WIRE)-- Entercom Communications Corp. (NYSE: ETM) today announced that its Board of Directors has approved the initiation of a dividend program under which the Company intends to pay a regular quarterly cash dividend to its common shareholders. The Board declared an initial quarterly cash dividend of $0.075 per share of Class A and Class B Common stock, payable on June 15, 2016 to shareholders of record as of the close of business on May 25, 2016.
David J. Field, President and Chief Executive Officer, stated: The decision by Entercoms Board of Directors to... More
