A.H. Belo Corp. (AHC) Stock Price Up 7.5%
Shares of A.H. Belo Corp. (NYSE:AHC) rose 7.5% during mid-day trading on Tuesday . The stock traded as high as $5.72 and last traded at $5.61, with a volume of 95,372 shares trading hands. The stock had previously closed at $5.22.
The company’s market capitalization is $121.05 million. The stock’s 50 day moving average is $5.11 and its 200 day moving average is $5.23.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 2nd. Stockholders of record on Friday, August 12th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date of this dividend is Wednesday, August 10th.
An institutional investor recently raised its position in A.H. Belo Corp. stock. Dimensional Fund Advisors LP raised its stake in shares of A.H. Belo Corp. (NYSE:AHC) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,420,325 shares of the company’s stock after buying an additional 16,561 shares during the period. Dimensional Fund Advisors LP owned approximately 6.59% of A.H. Belo Corp. worth $7,102,000 as of its most recent SEC filing.
A. H. Belo Corporation is a local news and information publishing company. The Company is engaged in providing commercial printing, distribution and direct mail services, as well as media and digital marketing services. The Company operates through two segments: Publishing and Marketing, Event Marketing and Other Services (MEMO).
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