Belo Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

TV company Beloannounced today its fourth-quarter dividend of $0.08 per share, the same rate it's paid for the past six quarters. Belo shareholders just approved the company's merger with media giant Gannett .

The board of directors said the quarterly dividend is payable on December 6 to holders of record at the close of business on October 15. The regular dividend payment equates to a $0.32-per-share annual dividend, yielding 2.3% based on the closing price today of Belo's stock.

BLC Dividend Chart
BLC Dividend Chart


BLC Dividend data by YCharts. Chart reflects payment of a special dividend in December 2012.

The article Belo Keeps Dividend Steady originally appeared on Fool.com.

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