DallasNews Co. (NASDAQ:DALN – Get Rating) declared a quarterly dividend on Thursday, May 12th, Zacks reports. Investors of record on Friday, August 12th will be paid a dividend of 0.16 per share on Friday, September 2nd. This represents a $0.64 annualized dividend and a dividend yield of 9.30%. The ex-dividend date of this dividend is Thursday, August 11th.
NASDAQ:DALN opened at $6.88 on Friday. The company has a market cap of $36.81 million, a P/E ratio of -98.29 and a beta of 0.65. DallasNews has a fifty-two week low of $6.26 and a fifty-two week high of $8.39. The firm’s 50 day moving average is $6.84 and its two-hundred day moving average is $6.85.
DallasNews (NASDAQ:DALN – Get Rating) last posted its quarterly earnings results on Friday, April 22nd. The company reported ($0.49) earnings per share for the quarter. The company had revenue of $36.29 million for the quarter. DallasNews had a negative return on equity of 8.33% and a negative net margin of 0.22%.
About DallasNews (Get Rating)
DallasNews Corporation, together with its subsidiaries, operates as a local news and information publishing company in Texas. The company publishes The Dallas Morning News, a newspaper; Briefing, a newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related websites and mobile applications.
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