On 11 JUNE Salem Communications Corp (NASDAQ:SALM) said it will begin trading ex-dividend on June 12, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on June 30, 2014. Shareholders who purchased SALM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents a 4.35% increase over the prior quarter. At the current stock price of $9.08, the dividend yield is 2.64%. Salem Communications Corp (NASDAQ:SALM) net profit margin is 6.70% and weekly performance is 4.61%. On last trading day company shares ended up $8.85. Analysts mean target price for the company is $13.00. Salem Communications Corp (NASDAQ:SALM) distance from 50-day simple moving average (SMA50) is 0.12%.
Journal Communications, Inc. (NYSE:JRN) shares fell -1.58% in last trading session and ended the day on $8.09. JRN Gross Margin is 44.80% and its return on assets is 6.50%. Journal Communications, Inc. (NYSE:JRN) quarterly performance is -7.33%.
On 9 JUNE Gannett Co., Inc. (NYSE:GCI) reported $0.47 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.01. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the company posted $0.37 earnings per share. Gannett Co.’s revenue was up 13.4% compared to the same quarter last year. On average, analysts predict that Gannett Co. will post $2.67 earnings per share for the current fiscal year. Gannett Co., Inc. (NYSE:GCI) shares moved down -1.71% in last trading session and was closed at $28.80, while trading in range of $28.53 – $29.30. Gannett Co., Inc. (NYSE:GCI) year to date (YTD) performance is -1.30%.
On 8 MAY Lee Enterprises, Incorporated (NYSE:LEE) reported preliminary(1) earnings of 3 cents per diluted common share for its second fiscal quarter ended March 30, 2014, compared with a loss of 12 cents a year ago. Excluding unusual matters, adjusted earnings per diluted common share (2) totaled 5 cents, compared with a loss of 5 cents a year ago. Lee Enterprises, Incorporated (NYSE:LEE) ended the last trading day at $4.17. Company weekly volatility is calculated as 3.81% and price to cash ratio as 17.60. Lee Enterprises, Incorporated (NYSE:LEE) showed a negative weekly performance of -5.01%.
On 28 MAY Tribune Company (OTCMKTS: TRBAA)’s CEO Peter Liguori said he plan to squeeze more value out of the company’s real estate is taking shape, with the Chicago Tribune seeking to lease or sell a 5-acre property on the Chicago River that had been a major newspaper distribution facility. Tribune Company (OTCMKTS: TRBAA) on last trading day company shares ended up $79.35.