TV company Belo (NYSE: BLC) announced today its fourth-quarter dividend of $0.08 per share, the same rate it's paid for the past six quarters. Belo shareholders just approved the company's merger with media giant Gannett (GCI).
The board of directors said the quarterly dividend is payable on December 6 to holders of record at the close of business on October 15. The regular dividend payment equates to a $0.32-per-share annual dividend, yielding 2.3% based on the closing price today of Belo's stock.
BLC Dividend data by YCharts. Chart reflects payment of a special dividend in December 2012.
