10.28.2009 03:00 PM
Gannett, McGraw-Hill Declare Dividends
McLEAN, VA. and NEW YORK: McGraw-Hill and Gannett both declared quarterly dividends today. The board of McGraw-Hill (NYSE: MHP) approved a 22.5 cent dividend payable on Dec. 10 to shareholders of record as of Nov. 25. Gannett’s (NYSE: GCI) board approved a 4 cent dividend payable Jan. 4 to shareholders of record as of Dec. 11.

McGraw-Hill reported third-quarter results on Monday. Consolidated revenues for all divisions was $1.9 billion, down 8 percent from a year ago. Net income was $336 million, down 14 percent. MHP has paid a dividends since 1937.

Gannett reported consolidated 3Q revenues of $1.34 billion, down 18 percent from a year ago but exceeding the company’s forecast of $1.32 billion. Net income was $73.8 million versus $158.1 million for 3Q08. The company declared 4 cent dividends in April and July as well.

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Tuesday 03:07 PM
WMUR-TV Says FAA Drone Rules Preclude ENG
The FAA’s current rules and proposed ban on flight over people, requirement of visual line of sight and restriction on nighttime flying, effectively prohibit broadcasters from using UAS for newsgathering. ~ WMUR-TV General Manager Jeff Bartlett

Featured Articles
Exhibitions & Events
Discover TV Technology