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Entravision increases quarterly cash dividend to 5c per share
The Fly

Entravision increases quarterly cash dividend to 5c per share

Entravision announced that its board of directors approved a quarterly cash dividend to shareholders of 5c per share of the company’s Class A, Class B and Class U common stock. This reflects a doubling of its previous quarterly dividend of 2.5c per share in 2022 and returns the dividend to its pre-pandemic level. The company anticipates an aggregate payout amount of approximately $4.4M. This quarterly dividend is payable on March 31 to shareholders of record as of the close of business on March 16 and the common stock will trade ex-dividend on March 15. The company currently anticipates that future cash dividends will be paid on a quarterly basis; however, any decision to pay future cash dividends will be subject to approval by the board.

Published first on TheFly

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