TEGNA (TGNA) Declares $0.07 Quarterly Dividend; 1.2% Yield

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TEGNA Announces Quarterly Dividend

May 30, 2017 3:29 PM EDT

MCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc.s (NYSE: TGNA) Board of Directors today declared a dividend of 7 cents per share, payable on July 3, 2017 to stockholders of record as of the close of business on June 9, 2017.

TEGNA plans to complete its previously announced spin-off of Cars.com on May 31, 2017. Two publicly-traded companies will be created: TEGNA, the largest owner of top 4 affiliates in the top 25 markets, and Cars.com, a top online destination in the digital automotive marketplace. TEGNA also continues to evaluate strategic alternatives... More