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Salem Increases Cash Distribution By 5%
November 20, 2013 at 3:40 PM (PT)
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SALEM COMMUNICATIONS CORP. has increased its quarterly cash distribution from $0.0525 per share to $0.0550 per share, a 5% increase.
The distribution will be paid on DECEMBER 27th to all Class A and Class B common stockholders of record as of DECEMBER 10th.