Scripps Declares Third-Quarter 2019 Dividend

The board of directors of The E.W. Scripps Company (NASDAQ: SSP) has declared a cash dividend for the third quarter of 2019.

Scripps shareholders of record as of Sept. 13, 2019, will receive 5 cents per share, payable on Sept. 25, 2019. The dividend will be paid out of the company's surplus.

The company 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. 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.

SOURCE: E.W. Scripps