Business News

McClatchy Announces First Quarter Dividend

Wednesday 28. January 2009 - Suspends dividends for foreseeable future

The McClatchy Company (NYSE:MNI) today declared a quarterly cash dividend of $.09 (nine cents) per share payable April 1, 2009 to stockholders of record at the close of business on March 11, 2009. McClatchy said it will suspend its quarterly dividend after paying the first quarter 2009 dividend for the foreseeable future in order to preserve cash for debt repayment. The first quarter 2009 dividend of nine cents per share is half the per share dividend paid in the 2008 first quarter.