DallasNews Corporation Announces Third Quarter 2022 Dividend
May 12 2022 - 10:36AM
DallasNews Corporation (Nasdaq: DALN) announced today that its
Board of Directors declared a quarterly cash dividend of $0.16 per
share on May 12, 2022. The dividend will be payable on
September 2, 2022 to shareholders of record at the close of
business on August 12, 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 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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