OUTFRONT Media Announces Quarterly Dividend
OUTFRONT Media Inc. (NYSE: OUT) has announced a quarterly cash dividend of $0.30 per share, payable on December 30, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
OUTFRONT Media Inc. (NYSE: OUT) has announced a quarterly cash dividend of $0.30 per share, payable on December 30, 2022. Shareholders on record as of December 2, 2022 will receive this dividend, reflecting the company’s commitment to returning value to its investors. The press release emphasizes OUTFRONT's unique position in the advertising sector, utilizing technology and creativity to connect brands with consumers across North America, leveraging a diverse set of billboard, transit, and mobile assets.
Positive
- Quarterly cash dividend of $0.30 per share announced.
- Dividend payment date of December 30, 2022, enhances shareholder value.
Negative
- None.
Details
News Market Reaction – OUT
The recorded move for OUT in the trading session of this news was -3.87%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Nov. 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
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 |
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SOURCE OUTFRONT Media Inc.
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