New Media Investment Group (NEWM) Declares $0.35 Quarterly Dividend; 9.6% Yield

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Go back to New Media Investment Group (NEWM) Declares $0.35 Quarterly Dividend; 9.6% Yield

New Media Announces Solid First Quarter 2017 Results and Dividend of $0.35 per Common Share

April 27, 2017 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 first quarter ended March 26, 2017.

First Quarter 2017 Financial Summary

New Media declares a cash dividend of $0.35 per common share Total revenues of $307.5 million were up 2.5% to prior year on a reported basis, and down 6.2% to the prior year on an organic same store basis Digital revenue increased to $31.3 million, or up 13.8% to prior year on a reported basis... More