Regal Entertainment Group (RGC) Declares $0.22 Quarterly Dividend; 3.7% Yield

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Go back to Regal Entertainment Group (RGC) Declares $0.22 Quarterly Dividend; 3.7% Yield

Regal Entertainment Group Reports Results for Second Quarter 2016 and Declares Quarterly Dividend

July 26, 2016 4:07 PM EDT

KNOXVILLE, Tenn.--(BUSINESS WIRE)-- Regal Entertainment Group (NYSE: RGC), a leading motion picture exhibitor, today announced second quarter 2016 results.

Total revenues for the second quarter ended June 30, 2016 were $785.9 million compared to total revenues of $862.8 million for the second quarter ended June 30, 2015. Net income attributable to controlling interest in the second quarter of 2016 was $33.5 million, which included a $0.9 million after-tax loss on extinguishment of debt, compared to $53.4 million in the second quarter of 2015, which included a $3.6 million after-tax loss on extinguishment of debt. Diluted earnings per share(1) was $0.21 for the second quarter of 2016... More