S&P 500
7,513.30
+0.07%
Dow Jones
52,334.40
+0.18%
Nasdaq 100
29,077.70
-0.17%
Russell 2000
2,960.25
-0.73%
FTSE 100
10,742.40
+1.31%
Nikkei 225
66,503.70
-1.02%

Investing

Washington Post Boosts Dividend (WPO, APOL)

Photo of Paul Ausick
By Paul Ausick Published

The Washington Post Co. (NYSE: WPO) has raised its annual dividend from $9.40/share to $9.80/share beginning with the first quarter’s payment due next month. The company’s current dividend yield is 2.4%, which rises to about 2.5% with following the dividend increase.

In addition to its flagship newspaper, the company also operates the Kaplan test preparation and educational services company as well as cable and broadcast television stations.

The company’s shares are up more than 2% on the news, to $394.45 in a 523-week range of $308.50-$455.68. The Washington Post’s shares are down nearly -7% in the last 12 months. Shares of competitor Apollo Group, Inc. (NASDAQ: APOL), owner of the University of Phoenix,rose nearly 30% in the same period.

Contact [email protected] for any questions or corrections.

Follow 24/7 Wall St. on Google
Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

Expected Gains in For-Profit College Stocks (APOL, WPO, STRA, DV, CECO)

Flickr, James SarmientoAfter a shaky start to the year, the for-profit college sector has pulled itself back up. With one…

Paul Ausick |

Upside Potential for Big Technology Stocks (AAPL, GOOG, INTC, MSFT, ORCL, IBM, HPQ, DELL)

Among the hundreds of technology stocks, there are a relative handful of companies that stand out as bellwethers for the…

Paul Ausick |

Upside Potential in Basic Industrial Stocks (CAT, DD, DOW, DE, APD, EMR)

While global GDP growth is expected to be slower this year, there are a couple of areas where investment will…

Dividend Increase Isn’t the Only Reason to Like TSX Venture-Listed Decisive Dividend  
247patrick |

Dividend Increase Isn’t the Only Reason to Like TSX Venture-Listed Decisive Dividend  

Every once in a while, a company announces a seemingly trivial piece of news that makes investors take notice. Such…

Buy This Down and Out S&P 500 Dividend Stock
Will Ashworth |

Buy This Down and Out S&P 500 Dividend Stock

The S&P 500 has performed admirably in 2024, up nearly 22%. With a little less than three months left in…

Seeking Income? 3 Top-Ranked Dividend Aristocrats to Buy
247patrick |

Seeking Income? 3 Top-Ranked Dividend Aristocrats to Buy

These three Dividend Aristocrats have seen their earnings outlooks shift positively, indicating bullishness among analysts.

Seeking Income? 3 Top-Ranked High-Yield Stocks to Buy
247patrick |

Seeking Income? 3 Top-Ranked High-Yield Stocks to Buy

These high-yield stocks could be considerations for those with an appetite for income.

Paul Ausick |

Chances of Google Dividend Now Higher Than Ever

Winston Churchill once said that Russia "is a riddle wrapped in a mystery inside an enigma." He could also have…

Paul Ausick |

Implied Gains in Oil Field Services Stocks May Not be Real (SLB, HAL, BHI, RIG, NOV, WFT)

Share prices for the oil field services companies dipped in late July shortly after many of the companies had posted…

Top Gaining Stocks

Super Micro Computer
SMCI • Vol: 131,504,216
Westinghouse Air Brake Technologies
WAB • Vol: 2,177,678
Dell Technologies
DELL • Vol: 5,201,109
EQT
EQT • Vol: 10,827,069
CME Group
CME • Vol: 2,435,926

Top Losing Stocks

TE Connectivity
TEL • Vol: 5,105,895
Coterra Energy
CTRA • Vol: 73,319,495
GE Vernova
GEV • Vol: 3,572,043
ServiceNow
NOW • Vol: 22,919,277
Palantir
PLTR • Vol: 23,462,911