Gannett Co., Inc. (GCI)
Gannett Co., Inc. (GCI) is a media holding company known for owning and operating local newspapers, digital media outlets, and related services across the United States. It is recognized for publishing USA Today and a wide array of regional newspapers, focusing on news, entertainment, and advertising services. Gannett emphasizes digital transformation and multimedia offerings to engage diverse audiences across various platforms.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 12, 2019 | $0.38 | 2019-10-31 | 2019-11-01 |
| August 28, 2019 | $0.38 | 2019-08-19 | 2019-08-20 |
| May 22, 2019 | $0.38 | 2019-05-10 | 2019-05-13 |
| March 20, 2019 | $0.38 | 2019-03-08 | 2019-03-11 |
| November 20, 2018 | $0.38 | 2018-11-08 | 2018-11-12 |
Dividends Summary
- Gannett Co., Inc. has issued 50 dividend payments over the past 15 years
- The most recent dividend was paid 2139 days ago, on November 12, 2019
- The highest dividend payed out to investors during this period was $0.4 per share
- The average dividend paid during this period was $0.29 per share.
Company News
Gannett has implemented Taboola's DeeperDive, a generative AI answer engine on USA TODAY, providing AI-generated responses enriched with journalistic content for over 195 million monthly unique visitors.
Gannett Co Inc (NYSE:GCI) shares were climbing in early trading on Monday. The company has several catalysts for digital revenue growth and margin expansion, which should take the stock closer to peer average multiples, according to JMP Securities. The Gannett Analyst: Matthew Condon initiated coverage of Gannett with a Market Outperform rating and a price target of $6. The Gannett Thesis: Transitioning from a legacy news business to digital media should help the company to return to growth, Condon said in the initiation note. Check out other analyst stock ratings. Gannett expects digital ...Full story available on Benzinga.com
Uninspiring performance in the company's latest quarter, mixed with underwhelming revenue guidance, resulted in a double-digit price decline.
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