TEGNA (TGNA) Raises Quarterly Dividend 35.7% to $0.095; 2% Yield

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TEGNA Announces an Increase to Quarterly Dividend of Approximately 36%

March 29, 2021 4:20 PM EDT

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc. (NYSE: TGNA) announced today that its Board of Directors has approved a dividend increase of ten cents per share on an annual basis, approximately 36 percent above the prior dividend. The Board of Directors also declared that the first increased quarterly dividend of 9.5 cents per share will be payable on July 1, 2021 to stockholders of record as of the close of business on June 4, 2021.

Our announcement today reflects our Boards commitment to actively reviewing all options to create value for our shareholders, the continued execution of our... More