Salem increases quarterly cash distribution by 4.3%


Salem CommunicationsSalem Communications announced that its Board of Directors has increased its quarterly cash distribution from $0.0575 per share to $0.0600 per share—an increase of 4.3%. The cash distribution will be paid on June 30 to all Class A and Class B common stockholders of record as of June 16.

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Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.