CTM Media Holdings, Inc Declares Cash Dividend, Payable on or About February 19, 2015
January 31, 2015 at 10:47 am EST
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On January 26, 2015, the Board of Directors of CTM Media Holdings, Inc, in light of the Company's cash position, determined to declare the payment of a cash dividend in the amount of $1.63 per share (approximately $750,000 in the aggregate) which, subject to confirmation by the company's management that there is sufficient surplus as of the proposed payment date, will be paid on or about February 19, 2015 to stockholders of record as of February 9, 2015 of the Company's Class A common stock, Class B common stock and Class C common stock.
IDW Media Holdings, Inc. is an integrated media company providing compelling stories and characters for global audiences. The Company's segments include IDW Publishing (IDWP) and IDW Entertainment (IDWE). IDWP is a publishing company that creates comic books, graphic novels and digital content through its imprints IDW, Top Shelf Productions and Artists Editions. IDWE is a production company and studio that develops, produces and distributes content based on IDWP original, copyrighted intellectual property (IP), published in the form of comic books, graphic novels and any other forms of print publication, for a variety of formats, including film and television. Its comics and graphic novels are primarily distributed through three channels: to comic book specialty stores; to traditional retail outlets, including bookstores and mass market stores, on a returnable basis, and to e-book distributors. IDWP publications are available digitally through a range of distributors.