The New York Times Company Reports 2019 Fourth-Quarter and Full-Year Results and Announces Dividend Increase
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The New York Times Co. (NYT) Raises Quarterly Dividend 20% to $0.06; 0.7% Yield
February 6, 2020 7:22 AM ESTThe New York Times Co. (NYSE: NYT) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 20% increase from the prior dividend of $0.05.
The dividend will be payable on April 23, 2020, to stockholders of record on April 8, 2020, with an ex-dividend date of... More
The New York Times Co. (NYT) Tops Q4 EPS by 12c, Revenues Beat
February 6, 2020 7:11 AM ESTThe New York Times Co. (NYSE: NYT) reported Q4 EPS of $0.41, $0.12 better than the analyst estimate of $0.29. Revenue for the quarter came in at $508.4 million versus the consensus estimate of $503.72 million.
Mark Thompson, president and chief executive officer, The New York Times Company, said, 2019 was a record setting year for The New York Timess digital subscription business, the best since the Company launched digital subscriptions almost nine years ago. That success is a testament to the extraordinary work of Times journalists around the world and also to the radically different way that... More
