OUTFRONT Media Announces Quarterly Dividend
Rhea-AI Summary
OUTFRONT Media Inc. (NYSE: OUT) has declared a quarterly cash dividend of $0.30 per share, payable on June 30, 2022, to shareholders of record on June 3, 2022. This announcement highlights the company's ongoing commitment to returning value to its shareholders. OUTFRONT Media operates one of the largest billboard and transit advertising networks in North America, leveraging technology and creativity to connect brands with consumers effectively.
Positive
- Quarterly cash dividend of $0.30 per share reflects commitment to shareholder value.
- Dividend payment scheduled for June 30, 2022.
Negative
- None.
News Market Reaction – OUT
In the trading session that priced this news, OUT declined 5.29%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, May 2, 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
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 |
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SOURCE OUTFRONT Media Inc.