NewCap Announces $0.25 Semi-Annual Dividend

Newfoundland Capital Co. Limited (TSE:NCC) declared a Semi-Annual dividend on Monday, August 14th, Zacks reports. Investors of record on Thursday, August 31st will be paid a dividend of 0.25 per share on Friday, September 15th. The ex-dividend date is Tuesday, August 29th.

About Newfoundland Capital Co. Limited

Newfoundland Capital Corporation Limited (Newcap) is a Canada-based pure-play radio company. The Company owns and operates Newcap Radio, which is a radio broadcaster with approximately 90 licenses across Canada. The Company operates through two segments: Broadcasting, and Corporate and Other. The Company’s Broadcasting segment consists of the operations of the Company’s radio and television licenses.

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