A religious radio group with additional media assets in its portfolio and the largest ratings service in the radio business are both getting set to pay out dividends to their shareholders of record.
Salem will be giving the larger one. On 9/28/12, holders of Class A and Class B common stock will receive $0.35 per share. They must be on the books as a shareholder as of 9/14/12.
Arbitron’s payout will be $0.10 per share of common stock. It will be paid just a few days after the Salem distribution, on 10/1/12 to shareholders of record as of 9/17/12.
On Wednesday 8/29/12, Salem ended the trading day with a one-cent loss, finishing at $4.98; Arbitron meanwhile was down $0.83 to $35.47.