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THE NEW YORK TIMES COMPANY DECLARES REGULAR QUARTERLY DIVIDEND

 THE NEW YORK TIMES COMPANY DECLARES REGULAR QUARTERLY DIVIDEND
 NEW YORK, May 21 /PRNewswire/ -- The New York Times Company today declared a regular quarterly dividend of $.14 per share on its Class A and Class B common stock. The dividend is payable on June 25, 1992, to shareholders of record on June 4, 1992.
 This is the 94th consecutive quarterly dividend paid on the company's common stock since its Class A shares were admitted to trading on the American Stock Exchange in 1969.
 A regular quarterly dividend of $1.375 per share on the 5-1/2 percent cumulative prior preference stock was also declared, payable on July 1, 1992, to shareholders of record on June 4, 1992.
 The New York Times Company is a $1.7 billion communications company with four lines of business: newspapers, magazines, broadcasting/information services and forest products. In addition to The New York Times, the company publishes 32 regional newspapers; owns a one-half interest in the International Herald Tribune; publishes 17 magazines, including McCall's, Family Circle and Golf Digest; operates five television stations, two radio stations, a news service and other information services; and has interests in two newsprint mills and one supercalendered paper mill.
 The company's Class A shares are traded under the symbol NYT.A.
 -0- 5/21/92
 /CONTACT: Nancy Nielsen of New York Times, 212-556-7078/
 (NYT) CO: New York Times Company ST: New York IN: PUB SU: DIV


SH -- NY040 -- 2747 05/21/92 10:59 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:May 21, 1992
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