New York Times Co (NYT) has declared a quarterly dividend of $0.18 per share, payable to shareholders of record. This decision underscores the company's ongoing commitment to returning value to its investors.
The dividend will be distributed on October 22, 2025, to those shareholders who are on record as of the ex-dividend date of October 7, 2025. Shares purchased on or after this date will not qualify for the dividend payment. The current dividend yield stands at 1.12%, which reflects the annual dividend income relative to the stock price.
As a media organization, New York Times Co is dedicated to creating and distributing news and information through various platforms, including its flagship product, The New York Times. The company also operates additional services such as The Athletic and Wirecutter, further diversifying its revenue streams. With a market capitalization of $10.4 billion and a P/E ratio of 30.78, the company demonstrates a solid financial foundation.
The announcement highlights the company's strategy to provide regular income to shareholders, a move that may appeal to income-focused investors. However, it is important to note that dividends are not guaranteed and can be adjusted based on the company’s performance and management decisions.
Investors are encouraged to consider the company's dividend history, payout ratio, and overall financial health when assessing the sustainability of its dividend payments. Upcoming earnings are expected on August 4, 2026, with an estimated EPS of $0.63 and revenue of $746.3 million.