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News

New York Times Coping with Challenges: Bouncing Back with Steady Distribution and Decreasing Investor Rewards

Author: Benzinga Insights | July 27, 2023 11:05am

On July 27, 2023, New York Times (NYSE:NYT) will distribute a dividend payout of $0.11 per share, equating to an annualized dividend yield of 1.11%. Shareholders who owned the stock before the ex-dividend date on July 10, 2023 will receive this payout.

New York Times Recent Dividend Payouts

Ex-Date Payments per year Dividend Yield Announced Record Payable
2023-07-10 4 $0.11 1.11% 2023-06-29 2023-07-11 2023-07-27
2023-04-04 4 $0.11 1.2% 2023-02-08 2023-04-05 2023-04-20
2023-01-03 4 $0.09 1.04% 2022-12-15 2023-01-04 2023-01-19
2022-10-06 4 $0.09 1.26% 2022-09-30 2022-10-10 2022-10-21
2022-07-08 4 $0.09 1.26% 2022-06-29 2022-07-11 2022-07-21
2022-04-05 4 $0.09 0.87% 2022-02-02 2022-04-06 2022-04-21
2022-01-04 4 $0.07 0.62% 2021-12-16 2022-01-05 2022-01-20
2021-10-07 4 $0.07 0.56% 2021-09-30 2021-10-11 2021-10-22
2021-07-09 4 $0.07 0.64% 2021-06-30 2021-07-12 2021-07-22
2021-04-06 4 $0.07 0.55% 2021-02-04 2021-04-07 2021-04-22
2021-01-05 4 $0.06 0.48% 2020-12-17 2021-01-06 2021-01-21
2020-10-06 4 $0.06 0.56% 2020-09-23 2020-10-07 2020-10-22

When comparing New York Times's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer DallasNews (NASDAQ:DALN) having the highest annualized dividend yield at 14.75%.

Analyzing New York Times Financial Health

Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.

YoY Growth in Dividend Per Share

dividend chart graph

From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $0.20 in 2019 to $0.36 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.

YoY Earnings Growth For New York Times

earning chart graph

Investors can observe a growth in earnings for New York Times from 2019 to 2022, as earnings per share increased from $0.81 to $1.07. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.

Recap

This article provides an in-depth analysis of New York Times's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.11 per share, resulting in an annualized dividend yield of 1.11%.

When comparing New York Times's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer DallasNews having the highest annualized dividend yield at 14.75%.

The increase in both dividend per share and earnings per share from 2019 to 2022 for New York Times indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.

Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.

\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: DALN NYT

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