MCLEAN, Va.--(BUSINESS WIRE)-- TEGNA Inc.’s (NYSE: TGNA) Board of Directors today declared a dividend of 7 cents per share, payable on April 2, 2018 to stockholders of record as of the close of business on March 9, 2018.
“We continue to deliver a strong return for shareholders by remaining focused on transforming our content, sales and marketing offerings,” said Dave Lougee, president and CEO, TEGNA. “We continue to be well-positioned with a strong balance sheet, multiple revenue opportunities and the flexibility to invest opportunistically in order to create value for shareholders while serving the greater good of our communities.”
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. With 47 television stations and two radio stations in 39 markets, TEGNA delivers relevant content and information to consumers across platforms. It is the largest owner of top 4 affiliates in the top 25 markets, reaching approximately one-third of all television households nationwide. Each month, TEGNA reaches 50 million adults on-air and approximately 35 million across its digital platforms. TEGNA has been consistently honored with the industry’s top awards, including Edward R. Murrow, George Polk, Alfred I. DuPont and Emmy Awards. TEGNA delivers results for advertisers through unparalleled and innovative solutions including OTT local advertising network Premion, centralized marketing resource Hatch, and G/O Digital, a one-stop shop for local businesses to connect with consumers through digital marketing. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. For more information, visit www.TEGNA.com.
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Source: TEGNA Inc.