INDIANAPOLIS, Sept. 17 /PRNewswire-FirstCall/ -- Emmis Communications Corporation (Nasdaq: EMMS) announced that its Board of Directors declared a dividend for its 6.25% convertible preferred stock (Nasdaq: EMMSP), with a record date of October 1, 2008 and a payable date of October 15, 2008.
The per share dividend for the quarter is $.78125. One share of Emmis preferred stock is convertible to 2.44 shares of Emmis Class A Common Stock using the conversion price of $20.495 a share.
Emmis Communications - Great Media, Great People, Great Service(R)
Emmis is an Indianapolis-based diversified media firm with radio broadcasting, television broadcasting and magazine publishing operations. Emmis owns 21 FM and 2 AM domestic radio stations serving the nation's largest markets of New York, Los Angeles and Chicago, as well as St. Louis, Austin, Indianapolis and Terre Haute, IN. Emmis owns a radio network, international radio stations, regional and specialty magazines and ancillary businesses in broadcast sales and book publishing.
SOURCE Emmis Communications Corporation
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here