Arbitron Approves Dividend, Elect New Board
May 24, 2012 at 3:55 PM (PT)
ARBITRON's board of directors has approved the payment of a quarterly cash dividend 10 cents per common share. The dividend will be paid on or about JULY 2nd, 2012 to shareholders of record as of the close of business on JUNE 15th, 2012. As of MAY 2nd, 2012, there were approximately 26,454,494 shares outstanding.
Also of note is that ARBITRON held its annual stockholders' meeting on TUESDAY, MAY 22nd, where 10 individuals were named to the board. SHELLYE L. ARCHAMBEAU, DAVID W. DEVONSHIRE, JOHN A. DIMLING, ERICA FARBER, RONALD G. GARRIQUES, PHILIP GUARASCIO, WILLIAM T. KERR, LARRY E. KITTELBERGER, LUIS G. NOGALES and RICHARD A. POST were returned to the board for on3-year terms, expiring in 2013.