The Washington Post Company Accelerates Payment of 2013 Dividends
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:
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