The Washington Post Company Accelerates Payment of 2013 Dividends

Before you go, we thought you'd like these...
Before you go close icon

The Washington Post Company Accelerates Payment of 2013 Dividends

WASHINGTON--(BUSINESS WIRE)-- The Board of Directors of The Washington Post Company (NYS: WPO) today announced, consistent with its frequent review of the Company's dividend policy, an accelerated cash dividend totaling $9.80 per share of outstanding common stock. This accelerated dividend is intended by the Board to be in lieu of regular quarterly dividends that the Company otherwise would have declared and paid in calendar year 2013. The annual dividend rate per share in 2013 is unchanged from the rate in 2012. The accelerated dividend will be paid to stockholders of record as of the close of business on December 17, 2012, payable on December 27, 2012.




The Washington Post Company
Rima Calderon, 202-334-6617
calderonr@washpost.com

KEYWORDS:   United States  North America  District of Columbia

INDUSTRY KEYWORDS:

The article The Washington Post Company Accelerates Payment of 2013 Dividends originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners