A. H. Belo (NYSE:AHC) declared a quarterly dividend on Thursday, May 17th, Zacks reports. Shareholders of record on Friday, August 17th will be paid a dividend of 0.08 per share on Friday, September 7th. This represents a $0.32 annualized dividend and a yield of 6.81%. The ex-dividend date of this dividend is Thursday, August 16th.
A. H. Belo has a payout ratio of 114.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
A. H. Belo traded up $4.70, hitting $4.70, on Friday, Marketbeat reports. The stock had a trading volume of 16,200 shares, compared to its average volume of 33,591. The stock has a market capitalization of $99.87 million, a price-to-earnings ratio of 92.00 and a beta of 0.46. A. H. Belo has a 52-week low of $4.35 and a 52-week high of $6.05.
Several research analysts have recently commented on AHC shares. ValuEngine downgraded A. H. Belo from a “hold” rating to a “sell” rating in a research note on Tuesday, March 20th. TheStreet raised A. H. Belo from a “d+” rating to a “c” rating in a research note on Friday, April 20th.
About A. H. Belo
A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company primarily in the United States. The company operates through two segments, Publishing and Marketing Services. The Publishing segment publishes The Dallas Morning News, a newspaper; Briefing newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related Websites and applications.
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