Time Inc. Board Declares Regular Quarterly Dividend of $0.19 Per Share
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Time (TIME) Will Sell Blue Fin Building; Approves Buyback, Debt Repayments
November 5, 2015 9:44 AM ESTTime (NYSE: TIME) announced the following on Thursday:
On October 30, 2015, we entered into a definitive agreement to sell the Blue Fin Building, our principal executive offices in the U.K., for 415 million British pounds ("GBP"). The sale is expected to be consummated in the fourth quarter of 2015.
Effective upon... More
Time (TIME) Declares $0.19 Quarterly Dividend; 4% Yield
November 5, 2015 8:59 AM ESTTime (NYSE: TIME) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.
The dividend will be payable on December 15, 2015, to stockholders of record on November 30, 2015, with an ex-dividend date of November 25, 2015.
The annual yield on the dividend is 4 percent.
For a... More
