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Gannett announces quarterly dividend
Wednesday 26. February 2014 - Gannett Co., Inc.'s (NYSE: GCI) Board of Directors today declared a dividend of 20 cents per share, payable on April 1, 2014 to stockholders of record as of the close of business on March 7, 2014.
“At Gannett, we believe that our successful transformation will continue to create strong shareholder returns. We are focused on achieving the appropriate balance among maintaining a strong balance sheet, investing in our existing businesses, making attractive investments in other businesses, and returning value to our shareholders,” said Gannett President and CEO Gracia Martore. “We remain committed to our previously announced $300 million buyback program. At the same time, we continue to generate substantial levels of operating and free cash flow, and that will be enhanced by our acquisition of Belo Corp., which we closed in December.”