Gannett Board Approves Dividend Increase
McLEAN, VA – Gannett Co., Inc.’s (NYSE:GCI) board of directors today declared a regular quarterly dividend of 25 cents per share, the 35th increase since Gannett became a public company in 1967. This represents an increase of 4.2 percent.
The new quarterly dividend is payable on Oct. 1, 2003 to shareholders of record on Sept. 13, 2003.
Douglas H. McCorkindale, chairman, president and CEO, said: “This will be the 141st consecutive quarterly dividend since Gannett went public – a record of financial success of which we are proud and proof of our ongoing commitment to shareholders.”
Gannett Co., Inc. is a leading international news and information company that publishes 100 daily newspapers in the USA, including USA TODAY, the nation’s largest-selling daily newspaper. The company also owns in excess of 400 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom’s second largest regional newspaper company. Newsquest publishes more than 300 titles, including 17 daily newspapers, and a network of prize-winning Web sites. Gannett also operates 22 television stations in the United States and is an Internet leader with sites sponsored by its TV stations and newspapers including USATODAY.com, one of the most popular news sites on the Web.
For more information, contact:
Vice President of Corporate Communications
Gannett Co., Inc.