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AMC Entertainment declares dividend of USD0.20 per share for quarter.

M2 EQUITYBITES-May 6, 2019-AMC Entertainment declares dividend of USD0.20 per share for quarter

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AMC Entertainment Holdings Inc's (NYSE:AMC) board of directors authorised a class A and B common stock cash dividend of USD0.20 per share for the quarter ended 31 March 2019, the company revealed on Saturday.

This 21st consecutive dividend since the company's initial public offering, will be paid on 24 June 2019 to shareholders of record date as on 10 June 2019.

A movie exhibition company, AMC through its subsidiaries operates in the US, Europe and elsewhere internationally. It owns, operates, or has interests in theatres and as of 31 December 2018, owned, operated or had interests in 637 theatres with a total of 8,114 screens in the US; and 369 theatres and 2,977 screens in European markets.

The company was founded in 1920 and is headquartered in Leawood, Kansas, USA and is a subsidiary of Dalian Wanda Group Co Ltd.

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Publication:M2 EquityBites (EQB)
Date:May 6, 2019
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