The New York Times Company Declares Regular Quarterly Dividend.NEW YORK -- The New York Times Company's Board of Directors today declared a regular quarterly dividend of $.175 per share on the Company's Class A and Class B common stock. The dividend is payable on March 13, 2007, to shareholders of record on March 1, 2007. This dividend is the 153rd consecutive quarterly dividend paid on the Company's common stock since the Company went public in 1969. The New York Times Company (NYSE NYSE See: New York Stock Exchange : NYT), a leading media company with 2006 revenues of $3.3 billion, includes The New York Times, the New York Times, The Morning daily newspaper, long the U.S. newspaper of record. From its establishment in 1851 it has aimed to avoid sensationalism and to appeal to cultured, intellectual readers. International Herald Tribune International Herald Tribune Daily newspaper published in Paris. It has long been the staple source of English-language news for American expatriates, tourists, and businesspeople in Europe. , The Boston Globe, 15 other daily newspapers, nine network-affiliated television stations, two New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. radio stations and 35 Web sites, including NYTimes.com, Boston.com and About.com. The Company's core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment. This press release can be downloaded from www.nytco.com |
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