DallasNews Corporation Announces Second Quarter 2022 Dividend
04 March 2022 - 8:30AM
DallasNews Corporation (Nasdaq: DALN) announced today that the
Company’s Board of Directors declared a quarterly cash dividend of
$0.16 per share on March 3, 2022. The dividend will be payable
on June 3, 2022 to shareholders of record at the close of
business on May 13, 2022.
About DallasNews Corporation
DallasNews Corporation is the Dallas-based holding company of
The Dallas Morning News and Medium Giant.
The Dallas Morning News is Texas' leading daily
newspaper with a strong journalistic reputation, intense regional
focus and close community ties. Medium Giant is a media and
marketing agency of divergent thinkers who devise strategies that
deepen connections, expand influence, and scale success for clients
nationwide. 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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