DallasNews Corporation Announces First Quarter 2022 Dividend
03 December 2021 - 8:35AM
DallasNews Corporation (Nasdaq: DALN) announced today that the
Company’s Board of Directors declared a quarterly cash dividend of
$0.16 per share on December 2, 2021. The dividend will be
payable on March 4, 2022 to shareholders of record at the
close of business on February 11, 2022.
About DallasNews
Corporation
DallasNews Corporation is the leading local news and information
publishing company in Texas. The Company has a growing presence in
emerging media and digital marketing, and maintains capabilities
related to commercial printing, distribution and direct mail.
DallasNews delivers news and information in innovative ways to a
broad range of audiences with diverse interests and lifestyles. For
additional information, visit dallasnewscorporation.com or email
invest@dallasnews.com.
Statements in this communication concerning DallasNews
Corporation’s business outlook or future economic performance,
revenues, expenses, and other financial
and non-financial items that are not historical facts,
including statements about the Company’s expectations relating to
the reverse stock split, are “forward-looking statements” as the
term is defined under applicable federal securities laws.
Forward-looking statements are subject to risks, uncertainties and
other factors that could cause actual results to differ materially
from those statements. Such risks, trends and uncertainties are, in
most instances, beyond the Company’s control, and include changes
in advertising demand and other economic conditions; consumers’
tastes; newsprint prices; program costs; labor relations;
cybersecurity incidents; technological obsolescence; and the
current and future impacts of the COVID-19 pandemic. Among other
risks, there can be no guarantee that the board of directors will
approve a quarterly dividend in future quarters; as well as other
risks described in the Company’s Annual Report on
Form 10-K and in the Company’s other public disclosures
and filings with the Securities and Exchange Commission.
Forward-looking statements, which are as of the date of this
filing, are not updated to reflect events or circumstances after
the date of the statement.
Contact:Katy Murray214-977-8869
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