National CineMedia Withholds Forward Outlook Amid Pending Captivate Transaction Timing; Pauses Quarterly Dividend Program
DividendIn connection with the proposed acquisition of Captivate and expected leverage at closing, NCM has paused its quarterly dividend program.OutlookIn connection with the expected timing of the pending transaction,
National CineMedia paused its dividend (money it paid to owners) and won't say what it expects ahead because it's buying another company. This tells us the company is busy with a big deal and wants to be careful with cash.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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