MCLEAN, Va.--(BUSINESS WIRE)--TEGNA Inc.'s (NYSE: TGNA) Board of Directors today declared a dividend of 7 cents per share, payable on January 2, 2018 to stockholders of record as of the close of business on December 8, 2017.
“We remain focused on our strategy of being an innovative, best-in-class operator that drives growth and delivers a strong return for our shareholders,” said Dave Lougee, president and CEO, TEGNA. “We continue to be well-positioned with strong cash flow, financial flexibility and multiple revenue initiatives that create value for our investors.”
TEGNA Inc. (NYSE: TGNA) is an innovative media company that serves the greater good of our communities. With 46 television stations in 38 markets, TEGNA delivers relevant content and information to consumers across platforms. It is the largest owner of top 4 affiliates in the top 25 markets, reaching approximately one-third of all television households nationwide. Each month, TEGNA reaches 50 million adults on-air and 35 million across its digital platforms. TEGNA has been consistently honored with the industry’s top awards, including Edward R. Murrow, George Polk, Alfred I. DuPont and Emmy Awards. TEGNA delivers results for advertisers through unparalleled and innovative solutions including OTT local advertising network Premion, centralized marketing resource Hatch, and G/O Digital, a one-stop shop for local businesses to connect with consumers through digital marketing. Across platforms, TEGNA tells empowering stories, conducts impactful investigations and delivers innovative marketing solutions. For more information, visit www.TEGNA.com.