PHILADELPHIA--(BUSINESS WIRE)--Entercom Communications Corp. (NYSE:ETM) announced today that its Board of Directors has approved a quarterly dividend on the Company’s stock of $0.09 per share. The dividend is payable on September 14, 2018 to shareholders of record as of the close of business on August 24, 2018. A portion of this distribution may be a return of capital, however, the amount is not known at this time.
About Entercom Communications Corp.
Entercom Communications Corp. (NYSE: ETM) is a leading American media and entertainment company reaching and engaging over 100 million people each week through its premier collection of highly rated, award winning radio stations, digital platforms and live events. As one of the country’s two largest radio broadcasters, Entercom offers integrated marketing solutions and delivers the power of local connection on a national scale with coverage of close to 90% of persons 12+ in the top 50 markets. Entercom is the #1 creator of live, original, local audio content and the nation’s unrivaled leader in news and sports radio. Learn more about Philadelphia-based Entercom at www.entercom.com, Facebook and Twitter (@Entercom).