Dividend Growth of New York Times Company (The)(NYT)

New York Times Company (The)(NYT) is having a Dividend Yield of 1% with the Annual cash Dividend per share of $0.16. The last quarter cash dividend per share pay out was $0.04. New York Times Company (The) has a 5 year average dividend yield of 0.78% and the stock has a Indicated annual dividend of $0.16. New York Times Company (The)(NYT) formally announced its most recent dividend on December 16, 2016 with a Dividend per share of $0.04. The new indicated annual dividend based on announced dividend per share is $0.16. The dividend yield based on the forward looking indicated annual dividend is 1%. New York Times Company (The)(NYT) has the most recent dividend payout ratio of 0.28 with a 5-year average payout ratio of 0.2. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.08.

New York Times Company (The) (NYSE:NYT) witnessed a decline in the market cap on Thursday as its shares dropped 1.88% or 0.3 points. After the session commenced at $15.9, the stock reached the higher end at $15.95 while it hit a low of $15.525. With the volume soaring to 743,797 shares, the last trade was called at $15.65. The company has a 52-week high of $16.35. The company has a market cap of $2,521 million and there are 161,092,860 shares in outstanding. The 52-week low of the share price is $10.6. Shares of The New York Times Company rose by 6.1% in the last five trading days and 15.5% for the last 4 weeks. The New York Times Company is up 28.13% in the last 3-month period. Year-to-Date the stock performance stands at 18.02%.

Currently the company Insiders own 6.2% of New York Times Company (The) shares according to the proxy statements. Institutional Investors own 62.66% of New York Times Company (The) shares. Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Doreen A Toben (director) sold 8,000 shares at 16.06 per share price.On Aug 29, 2016, Levien Meredith A. Kopit (EVP & Chief Revenue Officer) sold 26,728 shares at 13.06 per share price.On Aug 22, 2016, Kenneth A Richieri (EVP & GENERAL COUNSEL) sold 24,942 shares at 12.95 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.New York Times Co was Initiated by Singular Research on Feb 9, 2017 to Sell, Price Target of the shares are set at $7.80.

New York Times Co Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.24. The company had revenue of $439.70 million for the quarter, compared to analysts expectations of $437.00 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.37 EPS.

New York Times Company is a diversified media company including newspapers, television and radio stations, magazines, electronic information and publishing, Internet businesses, and forest products investments. The Company currently classifies its businesses into the following segments: Newspapers, Broadcasting, Magazines, and Forest Product Investments and Other Joing Ventures.


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