Entercom Declares Quarterly Dividend

By on Jul, 21 2016 with Comments 0

EntercomThe board of directors for Entercom Communications approved a quarterly dividend on the company’s stock. The amount is $0.075 per share.

The dividend is payable on September 15 to shareholders of record as of the close of business on August 15.

A portion of this distribution may be a return of capital, however, the amount is not known at this time, according to the broadcaster.

Entercom (NYSE:ETM) was up $18 cents to close at $14.03, according to the RBR Radio Index.

 

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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