A. H. Belo Corp (NYSE:AHC) announced a quarterly dividend on Wednesday, September 5th, Zacks reports. Shareholders of record on Friday, November 16th will be paid a dividend of 0.08 per share on Friday, December 7th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date of this dividend is Thursday, November 15th.
A. H. Belo has a payout ratio of 114.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
Shares of AHC opened at $4.54 on Friday. A. H. Belo has a 1-year low of $4.25 and a 1-year high of $5.80.
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About A. H. Belo
A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company primarily in the United States. The company operates through two segments, Publishing and Marketing Services. The Publishing segment publishes The Dallas Morning News, a newspaper; Briefing newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related Websites and applications.
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