EW Scripps announces dividend ahead of Q1 earnings
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Michelle Clancy
| 09 May 2019

The board of directors of US TV station owner and broadcast giant EW Scripps has declared a cash dividend of 5 cents per share for the second quarter of 2019, paid out of the company’s surplus.

The company will report its earnings for the first quarter on Friday 10 May; for Q4 2018, it reported significantly higher profit compared with the year ago period. It added that it intends to pay regular quarterly cash dividends for the foreseeable future.

“All subsequent dividends will be reviewed quarterly and declared by the board at its discretion,” Scripps said in a statement. “The declaration and payment of future dividends will be dependent upon, among other things, the company’s financial position, results of operations, cash flow and other factors.”