TYSONS, Va.–(BUSINESS WIRE)–Jul 21, 2021–
TEGNA Inc.’s (NYSE: TGNA) Board of Administrators as we speak declared a dividend of 9.5 cents per share, payable on October 1, 2021 to stockholders of file as of the shut of enterprise on September 3, 2021.
“Our file first quarter outcomes, and the second quarter and full-year 2021 steerage we offered on Could 10, 2021, mirror the power of our enterprise and favorable positioning for continued development and worth creation,” mentioned Dave Lougee, president and chief govt officer, TEGNA. “As we introduced on March 29, this 9.5 cents per share dividend represents a 36 p.c improve to our prior dividend on an annualized foundation, and is a mirrored image of our Board’s lively evaluate of our capital allocation program and choices to create and return worth to shareholders.”
TEGNA Inc. (NYSE: TGNA) is an progressive media firm that serves the higher good of our communities. Throughout platforms, TEGNA tells empowering tales, conducts impactful investigations and delivers progressive advertising and marketing options. With 64 tv stations in 51 U.S. markets, TEGNA is the most important proprietor of high 4 community associates within the high 25 markets amongst impartial station teams, reaching roughly 39 p.c of all tv households nationwide. TEGNA additionally owns main multicast networks True Crime Community, Twist and Quest. TEGNA provides progressive options to assist companies attain shoppers throughout tv, digital and over-the-top (OTT) platforms, together with Premion, TEGNA’s OTT promoting service. For extra info, go to www.TEGNA.com.
Ahead Wanting Statements
Sure statements on this communication might represent “forward-looking statements” as outlined within the Non-public Securities Litigation Reform Motion of 1995. Any forward-looking statements contained herein are topic to a lot of dangers, developments and uncertainties that might trigger precise outcomes of firm actions to vary materially from what’s expressed or implied by these statements, together with dangers regarding the coronavirus (COVID-19) pandemic and its impact on our revenues, notably our nonpolitical promoting revenues. Potential regulatory actions, adjustments in shopper behaviors and impacts on and modifications to TEGNA’s operations and enterprise relating thereto and TEGNA’s capacity to execute on its standalone plan can even trigger precise outcomes to vary materially. Different financial, aggressive, governmental, technological and different components and dangers that will have an effect on TEGNA’s operations or monetary outcomes are mentioned in our Annual Report on Type 10-Ok and Quarterly Experiences on Type 10-Q. Any forward-looking statements on this press launch ought to be evaluated in gentle of those necessary threat components. TEGNA is just not answerable for updating the knowledge contained on this press launch past the printed date, or for adjustments made to this press launch by wire service, Web service suppliers or different media.
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CONTACT: For media inquiries, contact:
Vice President, Company Communications
abentley@TEGNA.comFor investor inquiries, contact:
Head of Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA
INDUSTRY KEYWORD: MARKETING ADVERTISING COMMUNICATIONS OTHER COMMUNICATIONS
SOURCE: TEGNA Inc.
Copyright Enterprise Wire 2021.
PUB: 07/21/2021 04:58 PM/DISC: 07/21/2021 04:58 PM
Copyright Enterprise Wire 2021.