UKRD Declares Second Dividend in 2014 as Trading Improves
5:04pm 31st July 2014
(Updated 8:56am 13th October 2014)
Radio group, UKRD, has announced that it is to pay a further dividend to its shareholders next month based on further improvements in trading performance by its portfolio.
The group, which declared a dividend only three months ago, has said that local revenues are growing strongly and that they are in a position “to share this improvement with shareholders.”
“We have seen record performances from half the stations in our portfolio over the last three to six months and this means we can return some of the improving commercial success with those investors who have backed our approach and strategy,” said the group’s Chief Executive Officer, William Rogers.
“Genuinely local radio is now quite literally paying dividends to those who back it and invest in it,” he said.
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