New Media Investment Group (NEWM) Raises Quarterly Dividend 5.7% to $0.37; 9.6% Yield

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New Media Investment Group (NEWM) Misses Q3 EPS by 14c, Increases Dividend

October 26, 2017 6:52 AM EDT

New Media Investment Group (NYSE: NEWM) reported Q3 EPS of ($0.04), $0.14 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $317.18 million versus the consensus estimate of $310.1 million.

"New Media declares a cash dividend of $0.37 per common share, an increase of... More