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OUTFRONT Media Announces Quarterly Dividend

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Rhea-AI Summary

OUTFRONT Media Inc. (NYSE: OUT) declared a quarterly cash dividend of $0.30 per share on August 3, 2022. The dividend is payable on September 30, 2022, to shareholders of record by the close of business on September 2, 2022. This announcement reinforces OUTFRONT's commitment to returning value to its shareholders as it leverages technology and creativity to connect brands with consumers through a diverse set of billboard, transit, and mobile assets across North America.

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Positive

  • Quarterly cash dividend of $0.30 per share announced.
  • Dividend payable on September 30, 2022, enhancing shareholder value.

Negative

  • None.

News Market Reaction – OUT

-2.73%
-2.73% Session move

In the trading session that priced this news, OUT declined 2.73%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Aug. 3, 2022 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that its board of directors has declared a quarterly cash dividend on the Company's common stock of $0.30 per share payable on September 30, 2022, to shareholders of record at the close of business on September 2, 2022.

About OUTFRONT Media Inc.
OUTFRONT leverages the power of technology, location and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.

Contacts:

Investors

Media

Stephan Bisson

Courtney Richards

Investor Relations

PR & Events Specialist

(212) 297-6573

(646) 876-9404

stephan.bisson@outfront.com

courtney.richards@outfront.com

                                                                               

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/outfront-media-announces-quarterly-dividend-301599368.html

SOURCE OUTFRONT Media Inc.

FAQ

What is the dividend amount declared by OUTFRONT Media for Q3 2022?

OUTFRONT Media declared a dividend of $0.30 per share.

When will the dividend be paid to shareholders of OUTFRONT Media?

The dividend will be paid on September 30, 2022.

What is the record date for OUTFRONT Media's dividend payment?

Shareholders must be on record by the close of business on September 2, 2022.