CINCINNATI, Aug. 7 /PRNewswire-FirstCall/ -- The board of directors of The
E. W. Scripps Company (NYSE: SSP) has declared a quarterly dividend of 15
cents($0.15) per share payable September 10 to shareholders of record at the
close of business August 31.
The board of directors, which includes five new members who were elected
at the June 13 shareholder meeting, established the current dividend
consistent with the previously stated objective of returning approximately 50
percent of the company's expected free cash flow to shareholders in the form
of dividends.
Forward-looking statements
This press release contains certain forward-looking statements related to
the company's businesses that are based on management's current expectations.
Forward-looking statements are subject to certain risks, trends and
uncertainties, including changes in advertising demand and other economic
conditions that could cause actual results to differ materially from the
expectations expressed in forward-looking statements. All forward-looking
statements should be evaluated with the understanding of their inherent
uncertainty. The company's written policy on forward-looking statements can be
found on page F-5 of its 2007 SEC Form 10K. We undertake no obligation to
publicly update any forward-looking statements to reflect events or
circumstances after the date the statement is made.
About Scripps
The E. W. Scripps Company (NYSE: SSP) is a diverse, 130-year-old media
enterprise with interests in broadcast television stations, newspaper
publishing, and licensing and syndication.
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