TEGNA Announces Quarterly Dividend

Rhea-AI Summary

TEGNA (NYSE: TGNA) has announced its Board of Directors' declaration of a regular quarterly dividend of 12.5 cents per share. The dividend will be paid on January 2, 2025, to stockholders who are recorded as of the close of business on December 6, 2024.

Positive

• Consistent dividend payment indicating financial stability
• Maintaining shareholder returns through quarterly dividend of $0.125 per share

Negative

• None.

TYSONS, Va.--(BUSINESS WIRE)-- TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on January 2, 2025, to stockholders of record as of the close of business on December 6, 2024.

About TEGNA

TEGNA Inc. (NYSE: TGNA) serves local communities across the U.S. through trustworthy journalism, engaging content, and tools that help people navigate their daily lives. Through customized marketing solutions, we help businesses grow and thrive. With 64 television stations in 51 U.S. markets, TEGNA reaches approximately 100 million people every month across the web, mobile apps, streaming, and linear television. For more information, visit TEGNA.com.

Forward-Looking Statements

This press release may include forward-looking statements within the meaning of the “safe harbor” provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this communication, the words “believes,” “estimates,” “plans,” “expects,” “should,” “could,” “outlook,” and “anticipates” and similar expressions as they relate to the Company or its financial results are intended to identify forward-looking statements. Forward-looking statements in this communication may include, without limitation, statements regarding anticipated growth rates and the Company’s plans, objectives and expectations. Forward-looking statements are based on a number of assumptions about future events and are subject to various risks, uncertainties and other factors that may cause actual results to differ materially from the views, beliefs, projections and estimates expressed in such statements, many of which are outside the Company’s control. These risks, uncertainties and other factors include, but are not limited to, risks and uncertainties related to: changes in the market price of the Company's shares; general market conditions, constraints, volatility, or disruptions in the capital markets; the possibility that the Company's capital allocation plan, including dividends, share repurchases, and/or strategic acquisitions, investments, and partnerships may not enhance long-term stockholder value; legal proceedings, judgments or settlements; potential regulatory actions; changes in consumer behaviors and impacts on and modifications to TEGNA's operations and business relating thereto; and economic, competitive, governmental, technological and other factors and risks that may affect the Company's operations or financial results, which are discussed in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Any forward-looking statements in this communication should be evaluated in light of these important risk factors. The Company is not responsible for updating the information contained in this communication beyond the published date, or for changes made to this press release by wire services, Internet service providers or other media.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241119836865/en/

For media inquiries, contact:

Anne Bentley

Vice President, Chief Communications Officer

703-873-6366

abentley@TEGNA.com

For investor inquiries, contact:

Julie Heskett

Senior Vice President, Chief Financial Officer

703-873-6747

investorrelations@TEGNA.com

Source: TEGNA Inc.

FAQ

What is TEGNA's dividend amount for Q1 2025?

TEGNA (TGNA) declared a quarterly dividend of 12.5 cents per share.

When is TEGNA's next dividend payment date?

TEGNA's next dividend payment is scheduled for January 2, 2025.

What is the record date for TEGNA's latest dividend?

The record date for TEGNA's dividend is December 6, 2024.

How often does TEGNA (TGNA) pay dividends?

TEGNA pays dividends on a quarterly basis.