Achieving Growth and Investor Rewards: New York Times Flourishes with Strong Performance and Rising Profits

Today, January 18, 2024, marks an important moment for investors of New York Times NYT. The company will distribute a dividend payout of $0.11 per share, demonstrating an annualized dividend yield of 0.93%. Remember, only shareholders prior to the ex-dividend date on January 02, 2024 are eligible for this payout.

New York Times Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2024-01-02 4 $0.11 0.93% 2023-12-14 2024-01-03 2024-01-18
2023-10-06 4 $0.11 1.08% 2023-09-28 2023-10-10 2023-10-26
2023-07-10 4 $0.11 1.11% 2023-06-29 2023-07-11 2023-07-27
2023-04-04 4 $0.11 1.2% 2023-02-08 2023-04-05 2023-04-20
2023-01-03 4 $0.09 1.04% 2022-12-15 2023-01-04 2023-01-19
2022-10-06 4 $0.09 1.26% 2022-09-30 2022-10-10 2022-10-21
2022-07-08 4 $0.09 1.26% 2022-06-29 2022-07-11 2022-07-21
2022-04-05 4 $0.09 0.87% 2022-02-02 2022-04-06 2022-04-21
2022-01-04 4 $0.07 0.62% 2021-12-16 2022-01-05 2022-01-20
2021-10-07 4 $0.07 0.56% 2021-09-30 2021-10-11 2021-10-22
2021-07-09 4 $0.07 0.64% 2021-06-30 2021-07-12 2021-07-22
2021-04-06 4 $0.07 0.55% 2021-02-04 2021-04-07 2021-04-22

New York Times's dividend yield falls in the middle range when compared to its industry peers, with DallasNews DALN having the highest annualized dividend yield at 15.09%.

Analyzing New York Times Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.24 to $0.44, indicating the company's dedication to enhancing shareholder value through increased dividends.

YoY Earnings Growth For New York Times

earning chart graph

From 2020 to 2023, New York Times experienced a growth in earnings per share, with an increase from $1.00 to $1.53. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.

Recap

In this article, we explore the recent dividend payout of New York Times and its significance for shareholders. The company has decided to distribute a dividend of $0.11 per share today, which equates to an annualized dividend yield of 0.93%.

New York Times's dividend yield falls in the middle range when compared to its industry peers, with DallasNews having the highest annualized dividend yield at 15.09%.

With an increase in dividend per share and earnings per share from 2020 to 2023, New York Times demonstrates a healthy financial status and is likely to maintain their dividend distribution to investors.

Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.

\To read more news on New York Times click here

Click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: DividendsBZI-DP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!