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Board of Directors Approves Dividend Increase

ARLINGTON, Va. — A dividend increase was approved today by the Board of Directors of Gannett Co., Inc., the 27th increase since Gannett became a public company in 1967.

The new quarterly dividend of 35 cents per share, up from 34 cents, is payable Oct. 2, 1995 to shareholders of record on Sept. 15, 1995.

The board met in regular session today.

Gannett is a nationwide news and information company that publishes 82 daily newspapers, including USA TODAY, and USA WEEKEND, a newspaper magazine. Gannett also operates 10 television stations, 11 radio stations and the largest outdoor advertising company in North America.