New York Times Co(NYSE:NYT) Declares Dividend of $0.0400.

New York Times Co (NYSE:NYT) had declared a cash dividend of $0.0400 on Sep 15, 2016. The shares will quote ex-dividend on Oct 3, 2016 and the record date has been fixed for Oct 5, 2016. On Sep 15, 2016 share price, the yield comes out to be 1.2966%. The dividend payable date has been fixed on Oct 20, 2016.

New York Times Co (NYT) shares turned negative on Tuesdays trading session with the shares closing down -0.06 points or -0.49% at a volume of 4,12,609. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.42. The peak price level was also seen at $12.42 while the days lowest was $12.27. Finally the shares closed at $12.28. The 52-week high of the shares is $14.27 while the 52-week low is $11.45. According to the latest information available, the market cap of the company is $1,977 M.

New York Times Co(NYT) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $372.63M. Analysts had an estimated revenue of $375.40M. Earnings per share were $0.11. Analysts had estimated an EPS of $0.11.

Several Insider Transactions has been reported to the SEC. On Aug 29, 2016, Levien Meredith A. Kopit (EVP & Chief Revenue Officer) sold 26,728 shares at $13.06 per share price.Also, On Aug 22, 2016, Kenneth A Richieri (EVP & GENERAL COUNSEL) sold 24,942 shares at $12.95 per share price.On Aug 4, 2016, Steven B. Green (director) sold 70,000 shares at $12.76 per share price, according to the Form-4 filing with the securities and exchange commission.

The New York Times Company is a media organization focused on creating collecting and distributing news and information. The Company includes newspapers digital businesses and investments in paper mills. The Company’s businesses include The New York Times (The Times); the International New York Times (INYT) the international edition of The Times; its Websites NYTimes.com and international.nytimes.com and related businesses such as The Times news services division digital archive distribution conferences business and other products and services. The Times is a daily (Monday to Saturday) and Sunday newspaper and INYT is a daily newspaper. The Company’s content reaches its audience through its print products online and through other digital media including smartphone tablet and e-reader applications. The Company generates revenues principally from circulation and advertising.

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