Scripps Networks Interactive Boosts Dividend By 20%

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Scripps Networks Interactive has increased its quarterly stock dividend by 20%

The programming company’s board voted to make the dividend 30 cents a share, up from 25 cents a share previously.

The dividend will be payable March 10 to shareholders of record as of Feb 28.

Scripps Networks Interactive, which owns HGTV, Food Network, Cooking Channel and Travel Channel, will report 4th quarter earnings next week.

Jon Lafayette
Jon Lafayette

Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.