DallasNews Corporation Announces First Quarter 2023 Dividend
02 December 2022 - 8:30AM
DallasNews Corporation (Nasdaq: DALN) announced today that its
Board of Directors declared a quarterly cash dividend of $0.16 per
share on December 1, 2022. The dividend will be payable on
March 3, 2023, to shareholders of record at the close of
business on February 10, 2023.
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, cash balance and other financial
and non-financial items that are not historical facts are
“forward-looking statements” as the term is defined under
applicable federal securities laws. Words such as “anticipate,”
“believe,” “could,” “estimate,” “intend,” “expect,” “may,”
“project,” “plan,” “will,” “would” and their opposites and similar
expressions are intended to identify forward-looking statements.
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 or that our
financial projections are accurate, 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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