Across 2019, Beasley Media Group‘s Board of Directors declared a quarterly cash dividend of 5 cents per share for its Class A and Class B common stock.
On Wednesday, the audio content and esports company’s board moved forward with its latest dividend declaration.
The news couldn’t help lightly traded Beasley shares from bouncing back from a coronavirus-driven downturn in value until the final minutes of Wednesday’s trading.
This was well-after a Wall Street blogger questioned if Beasley is “facing new headwinds.”