New Media Investment Group (NEWM) Declares $0.35 Quarterly Dividend; 10.5% Yield
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New Media Announces Strong Second Quarter 2017 Results and Dividend of $0.35 per Common Share
July 27, 2017 6:45 AM EDTNEW YORK--(BUSINESS WIRE)-- New Media Investment Group Inc. (New Media or the Company, NYSE: NEWM) today reported its financial results for the second quarter ended June 25, 2017.
Second Quarter 2017 Financial Summary
New Media declares a cash dividend of $0.35 per common share Total revenues of $322.9 million were up 2.6% to prior year on a reported basis, and down 5.4% to the prior year on an organic same store basis Digital revenue increased to $34.8 million, or up 9.0% to prior year on a reported basis... More