New York Times's most recent quarterly dividend was on Apr 4, 2023 (ex-date) with a cash dividend payment of $0.11 per share. On an annualized basis, the company has a current payout of $0.38 per share. This brings the dividend yield to 1.06% based on its recent close price. The latest dividend marks an increase of $0.02, or 22% from the previous payment.
New York Times's dividend yield of 1.06% is lower than the Communication Services sector average. In comparison with the Communication Services sector average of 3.52%, New York Times's dividend yield is 70% lower. The current dividend yield is higher than the historical average of 0.7% of the last 5 years.
New York Times has a long dividend history, including the last ten consecutive years with dividend payouts. NYT has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 27% for the last year. And since the stock price has gone up by 5% from a year ago, the dividend yield marks an increase of 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 4, 2023 | Apr 20, 2023 | Feb 8, 2023 | $0.11 | normal |
| Jan 3, 2023 | Jan 19, 2023 | Dec 15, 2022 | $0.09 | normal |
| Oct 6, 2022 | Oct 21, 2022 | Sep 30, 2022 | $0.09 | normal |
| Jul 8, 2022 | Jul 21, 2022 | Jun 29, 2022 | $0.09 | normal |
| Apr 5, 2022 | Apr 21, 2022 | Feb 2, 2022 | $0.09 | normal |
| Jan 4, 2022 | Jan 20, 2022 | Dec 16, 2021 | $0.07 | normal |
| Oct 7, 2021 | Oct 22, 2021 | Sep 30, 2021 | $0.07 | normal |
| Jul 9, 2021 | Jul 22, 2021 | Jun 30, 2021 | $0.07 | normal |
| Apr 6, 2021 | Apr 22, 2021 | $0.07 | normal | |
| Jan 5, 2021 | Jan 21, 2021 | Dec 17, 2020 | $0.06 | normal |
| Oct 6, 2020 | Oct 22, 2020 | Sep 23, 2020 | $0.06 | normal |
| Jul 9, 2020 | Jul 23, 2020 | Jun 30, 2020 | $0.06 | normal |
| Apr 7, 2020 | Apr 23, 2020 | Feb 6, 2020 | $0.06 | normal |
| Jan 7, 2020 | Jan 23, 2020 | Dec 19, 2019 | $0.05 | normal |
| Oct 1, 2019 | Oct 17, 2019 | Sep 19, 2019 | $0.05 | normal |
| Jul 9, 2019 | Jul 25, 2019 | Jun 27, 2019 | $0.05 | normal |
| Apr 2, 2019 | Apr 18, 2019 | Feb 5, 2019 | $0.05 | normal |
| Jan 8, 2019 | Jan 24, 2019 | Dec 20, 2018 | $0.04 | normal |
| Oct 2, 2018 | Oct 18, 2018 | Sep 21, 2018 | $0.04 | normal |
| Jul 10, 2018 | Jul 26, 2018 | Jun 28, 2018 | $0.04 | normal |
| Apr 3, 2018 | Apr 19, 2018 | Feb 21, 2018 | $0.04 | normal |
| Jan 9, 2018 | Jan 25, 2018 | Dec 14, 2017 | $0.04 | normal |
| Oct 3, 2017 | Oct 19, 2017 | Sep 20, 2017 | $0.04 | normal |
| Jul 10, 2017 | Jul 27, 2017 | Jun 29, 2017 | $0.04 | normal |
| Apr 3, 2017 | Apr 20, 2017 | Feb 16, 2017 | $0.04 | normal |
| Jan 9, 2017 | Jan 26, 2017 | Dec 15, 2016 | $0.04 | normal |
| Oct 3, 2016 | Oct 20, 2016 | Sep 15, 2016 | $0.04 | normal |
| Jul 11, 2016 | Jul 28, 2016 | Jun 28, 2016 | $0.04 | normal |
| Apr 4, 2016 | Apr 21, 2016 | Feb 18, 2016 | $0.04 | normal |
New York Times's payout ratio of 33% is below the Communication Services sector average. In comparison with its Communication Services sector average of 46.7%, New York Times's payout ratio is 29% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWSA News Corp | 1.07% | $0.2 | 42.6% |
| NYT New York Times Co | 1.03% | $0.38 | 33% |
| SSP EW SCRIPPS Co | N/A | N/A | N/A |
Yes, New York Times has paid four dividends in the last 12 months. NYT has been paying dividends since 2013.
NYT hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in July 2023.
New York Times's last regular dividend was on Apr 4, 2023 (ex-date) with the amount of $0.11 per share.
NYT has paid dividend of $0.38 per share in the last year.
The current dividend yield of New York Times is 1.06%.
New York Times pays four dividends per year.
The dividend payout ratio of New York Times is 33%.
New York Times's dividend yield is lower than the Communication Services sector average.