The New York Times Company's Board of Directors declared a regular quarterly dividend of $0.18 per share on its Class A and Class B common stock on June 24, 2025. This represents a significant increase from the previous quarterly dividend of $0.13 per share, marking a rise of over 38%.
The increased dividend is payable on July 24, 2025, to shareholders of record as of the close of business on July 9, 2025. This substantial increase reflects the company's confidence in its financial performance and its ability to generate strong free cash flow.
This capital allocation decision directly benefits shareholders and signals a positive outlook from management regarding the company's sustained profitability and growth prospects. It underscores the success of its essential subscription strategy and diversified revenue streams.
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