DallasNews Corporation Announces First Quarter 2022 Dividend
DallasNews Corporation (Nasdaq: DALN) has declared a quarterly cash dividend of $0.16 per share on December 2, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
DallasNews Corporation (Nasdaq: DALN) has declared a quarterly cash dividend of $0.16 per share on December 2, 2021. This dividend is payable on March 4, 2022 to shareholders of record as of February 11, 2022. DallasNews Corporation is recognized as Texas's leading local news publisher, expanding into emerging media and digital marketing. The company maintains a robust infrastructure for commercial printing and distribution, aiming to deliver news innovatively to various audiences.
Positive
- Quarterly cash dividend of $0.16 per share declared.
Negative
- No guarantee of future dividends as stated by the Board.
Details
News Market Reaction – DALN
The recorded move for DALN in the trading session of this news was -0.31%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, Dec. 02, 2021 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) announced today that the Company’s Board of Directors declared a quarterly cash dividend of
About DallasNews Corporation
DallasNews Corporation is the leading local news and information publishing company in Texas. The Company has a growing presence in emerging media and digital marketing, and maintains capabilities related to commercial printing, distribution and direct mail. DallasNews delivers news and information in innovative ways to a broad range of audiences with diverse interests and lifestyles. For additional information, visit dallasnewscorporation.com or email invest@dallasnews.com.
Statements in this communication concerning DallasNews Corporation’s business outlook or future economic performance, revenues, expenses, and other financial and non-financial items that are not historical facts, including statements about the Company’s expectations relating to the reverse stock split, are “forward-looking statements” as the term is defined under applicable federal securities laws. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those statements. Such risks, trends and uncertainties are, in most instances, beyond the Company’s control, and include changes in advertising demand and other economic conditions; consumers’ tastes; newsprint prices; program costs; labor relations; cybersecurity incidents; technological obsolescence; and the current and future impacts of the COVID-19 pandemic. Among other risks, there can be no guarantee that the board of directors will approve a quarterly dividend in future quarters; as well as other risks described in the Company’s Annual Report on Form 10-K and in the Company’s other public disclosures and filings with the Securities and Exchange Commission. Forward-looking statements, which are as of the date of this filing, are not updated to reflect events or circumstances after the date of the statement.
Contact:
Katy Murray
214-977-8869
FAQ
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