A.H. Belo Corporation (AHC) to Issue Quarterly Dividend of $0.08 on September 1st
A.H. Belo Corporation (NYSE:AHC) announced a quarterly dividend on Friday, May 12th, Wall Street Journal reports. Stockholders of record on Friday, August 11th will be paid a dividend of 0.08 per share on Friday, September 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.46%. The ex-dividend date is Wednesday, August 9th.
A.H. Belo Corporation has raised its dividend by an average of 4.6% annually over the last three years. A.H. Belo Corporation has a dividend payout ratio of 114.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Shares of A.H. Belo Corporation (AHC) opened at 4.95 on Tuesday. The stock’s 50 day moving average price is $5.40 and its 200-day moving average price is $5.90. A.H. Belo Corporation has a 12 month low of $4.90 and a 12 month high of $7.95. The stock’s market capitalization is $107.68 million.
A.H. Belo Corporation (NYSE:AHC) last issued its quarterly earnings data on Tuesday, August 1st. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $63.09 million during the quarter. A.H. Belo Corporation had a negative return on equity of 1.93% and a negative net margin of 9.65%. Equities analysts forecast that A.H. Belo Corporation will post $0.28 earnings per share for the current fiscal year.
Separately, ValuEngine cut shares of A.H. Belo Corporation from a “hold” rating to a “sell” rating in a report on Friday.
TRADEMARK VIOLATION NOTICE: “A.H. Belo Corporation (AHC) to Issue Quarterly Dividend of $0.08 on September 1st” was posted by Daily Political and is the sole property of of Daily Political. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/08/a-h-belo-corporation-ahc-to-issue-quarterly-dividend-of-0-08-on-september-1st.html.
About A.H. Belo Corporation
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).
Receive News & Ratings for A.H. Belo Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for A.H. Belo Corporation and related companies with MarketBeat.com's FREE daily email newsletter.