Beasley Broadcasting Group (BBGI) Raises Quarterly Dividend 11.1% to $0.05; 1.9% Yield

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Go back to Beasley Broadcasting Group (BBGI) Raises Quarterly Dividend 11.1% to $0.05; 1.9% Yield

Beasley Broadcast Group Increases Quarterly Cash Dividend by 11.1 Percent

March 2, 2018 4:30 PM EST

NAPLES, Fla., March 02, 2018 (GLOBE NEWSWIRE) -- Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (the Company), a large- and mid-size market radio broadcaster, announced today that its Board of Directors approved an 11.1 percent increase in the quarterly cash dividend to $0.05 per share of its Class A and Class B common stock beginning with the dividend declared for the first quarter of 2018.  The dividend is payable on Friday, April 6, 2018, to shareholders of record on Friday, March 30, 2018.

Caroline Beasley, Chief Executive Officer, commented, The increase in Beasleys cash dividend reflects the Boards... More