|By Business Wire||
|January 31, 2013 06:01 AM EST||
Time Warner Cable Inc. (NYSE:TWC) today announced that the Company raised its regular quarterly dividend by 16 percent to $0.65 per share; $2.60 per share on an annualized basis. The quarterly dividend is payable in cash on March 15, 2013 to stockholders of record at the close of business on February 28, 2013.
Time Warner Cable Chief Executive Officer Glenn Britt said: “Today’s announcement is yet another signal of our confidence in our business. It reinforces our focus on returning capital to our shareholders while we continue to invest in the long-term growth of our business.”
About Time Warner Cable
Time Warner Cable Inc. (NYSE: TWC) is among the largest providers of video, high-speed data and voice services in the United States, connecting more than 15 million customers to entertainment, information and each other. Time Warner Cable Business Class offers data, video and voice services to businesses of all sizes, cell tower backhaul services to wireless carriers and managed and outsourced information technology solutions and cloud services. Time Warner Cable Media, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions. More information about the services of Time Warner Cable is available at www.twc.com, www.twcbc.com and www.twcmedia.com.