Business News

The New York Times Company Declares Regular Quarterly Dividend

Monday 23. June 2008 - The New York Times Company's Board of Directors today declared a regular quarterly dividend of $.23 per share on the Company's Class A and Class B common stock. The dividend is payable on September 15, 2008, to shareholders of record on September 2, 2008.

This is the 159th consecutive quarterly dividend paid on the Company’s common stock since it went public in 1969.
The New York Times Company (NYSE: NYT), a leading media company with 2007 revenues of $3.2 billion, includes The New York Times, the International Herald Tribune, The Boston Globe, 16 other daily newspapers, WQXR-FM and more than 50 Web sites, including NYTimes.com, Boston.com and About.com. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.