CBS keeps paying its dividend


As one of the few broadcasting companies to continue to pay cash dividends to shareholders since the recession hit, CBS Corporation is still sending out cash. It issued the quarterly announcement late Monday:

“CBS Corporation (NYSE: CBS and CBS.A) today announced that its Board of Directors has approved a quarterly dividend on the Company’s common stock of $.05 per share. The dividend is payable on January 1, 2010 to shareholders of record as of December 11, 2009.”