DALLAS--(BUSINESS WIRE)--May 15, 2014--
A. H. Belo Corporation (NYSE: AHC) announced today that the Company’s
Board of Directors declared a special cash dividend of $1.50 per share,
payable on June 27, 2014 to shareholders of record at the close of
business on May 28, 2014 as part of its continued efforts to return
capital to shareholders. The Board of Directors also declared a
quarterly cash dividend of $0.08 per share, payable on September 5, 2014
to shareholders of record at the close of business on August 15, 2014.
The Company held its 2014 Annual Meeting of Shareholders today.
Shareholders elected Jim Moroney, the Company’s chairman, president and
Chief Executive Officer, to serve as a Class I director for a one-year
term ending at A. H. Belo’s annual meeting in 2015, and John Beckert,
Robert Decherd and Ty Miller to each serve as Class III
directors for three-year terms ending at the annual meeting in 2017.
Shareholders also ratified the appointment of KPMG LLP as A. H. Belo’s
independent registered public accounting firm for 2014, approved the
material terms for performance-based awards under the A. H. Belo 2008
Incentive Compensation Plan and approved an advisory resolution on the
compensation of the Company’s named executive officers as reported in
the Company’s 2014 proxy statement.
About A. H. Belo Corporation
A. H. Belo Corporation (NYSE: AHC), headquartered in Dallas, Texas, is a
distinguished newspaper publishing and local news and information
company that owns and operates three daily newspapers and related
websites. A. H. Belo publishes The Dallas Morning News,
Texas’ leading newspaper and winner of nine Pulitzer Prizes; The
Providence Journal, the oldest continuously-published daily
newspaper in the United States and winner of four Pulitzer Prizes; and
the Denton Record-Chronicle. The Company publishes various niche
publications targeting specific audiences, and its investments include
Classified Ventures, owner of Cars.com, and Wanderful Media, owner
of FindnSave.com. A. H. Belo offers digital marketing solutions through
508 Digital and Speakeasy and also owns and operates commercial
printing, distribution and direct mail service businesses. Additional
information is available at www.ahbelo.com or
by contacting Alison K. Engel, Senior Vice President/Chief Financial
Officer, at 214-977-2248.
Source: A. H. Belo Corporation
A. H. Belo Corporation
Alison K. Engel, 214-977-2248
Senior
Vice President/Chief Financial Officer
www.ahbelo.com
