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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 24, 2008
A. H. BELO CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
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1-33741
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38-3765318 |
(State or other jurisdiction
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(Commission File Number)
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(I.R.S. Employer |
of incorporation)
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Identification No.) |
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P. O. Box 224866 |
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Dallas, Texas
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75222-4866 |
(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code: (214) 977-8200
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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TABLE OF CONTENTS
On September 24, 2008, the Board of Directors of A. H. Belo Corporation declared a quarterly cash
dividend of $0.125 for each outstanding share of Series A and Series B common stock, payable on
November 10, 2008 to the Companys shareholders of record as of October 17, 2008. This dividend is
one half of the rate paid for the first and second quarters of 2008 following the spin-off of A. H.
Belo Corporation from Belo Corp. A copy of the press release announcing the dividend is posted on
the Companys Web site (www.ahbelo.com) in the Investor Relations section. A copy of the press
release is furnished with this report as Exhibit 99.1.
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Item 9.01. |
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Financial Statements and Exhibits. |
(d) Exhibits.
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99.1 |
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A. H. Belo Corporation Press Release dated September 25, 2008 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Date: September 25, 2008 |
A. H. BELO CORPORATION
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By: |
/s/ Alison K. Engel
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Alison K. Engel |
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Senior Vice President/Chief
Financial Officer |
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EXHIBIT INDEX
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99.1 |
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A. H. Belo Corporation Press Release dated September 25, 2008 |
exv99w1
Exhibit 99.1
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FOR IMMEDIATE RELEASE |
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Thursday, September 25, 2008 |
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7:00 A.M. CDT |
A. H. BELO CORPORATION ANNOUNCES QUARTERLY DIVIDEND
DALLAS A. H. Belo Corporation (NYSE: AHC) announced today that its Board of Directors
declared a quarterly cash dividend of $0.125 for each outstanding share of Series A common stock
and Series B common stock, payable on November 10, 2008 to shareholders of record as of October 17,
2008. This dividend is one half of the rate paid for the first and second quarters of 2008
following the spin-off of A. H. Belo Corporation from Belo Corp. on February 8, 2008.
Commenting on behalf of the Board, Robert W. Decherd, chairman, president and Chief Executive
Officer, said, A. H. Belos business strategy includes paying a dividend on a regular basis, and
the Boards desire is to remain a dividend-paying company. However, it is important to recognize
the impact of current industry and market conditions, and retain as much financial flexibility as
possible as the Company works through the remainder of 2008 and 2009. Payments of future dividends
also depend on A. H. Belos financing arrangements with its bank group.
About A. H. Belo Corporation
A. H. Belo Corporation (NYSE: AHC) headquartered in Dallas, Texas, is a distinguished news and
information company that owns and operates four daily newspapers and a diverse group of Web sites.
A. H. Belo publishes The Dallas Morning News, Texas leading newspaper and winner of eight
Pulitzer Prizes since 1986; The Providence Journal, the oldest continuously-published daily
newspaper in the U.S. and winner of four Pulitzer Prizes; The Press-Enterprise (Riverside, CA),
serving southern Californias Inland Empire region and winner of one Pulitzer Prize; and the Denton
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A. H. Belo Announces Dividend
September 25, 2008
Page Two
Record-Chronicle. The Company publishes various specialty publications targeting niche audiences,
young adults and the fast-growing Hispanic market. The Companys partnerships and/or investments
include the Yahoo! Newspaper Consortium and Classified Ventures, owner of cars.com. A. H. Belo
also owns direct mail and commercial printing businesses. Additional information is available at
www.ahbelo.com or by contacting Maribel Correa, director/Investor Relations, at 214-977-2702.
Statements in this communication concerning A. H. Belo Corporations (the Companys) business
outlook or future economic performance, anticipated profitability, revenues, expenses, dividends,
capital expenditures, investments, future financings, and other financial and non-financial items
that are not historical facts, are forward-looking statements as the term is defined under
applicable federal securities laws. Forward-looking statements are subject to risks, uncertainties
and other factors that could cause actual results to differ materially from those statements.
Such risks, uncertainties and factors include, but are not limited to, changes in capital market
conditions and prospects, and other factors such as changes in advertising demand, interest rates,
and newsprint prices; newspaper circulation trends and other circulation matters, including changes
in readership patterns and demography, and audits and related actions by the Audit Bureau of
Circulations; challenges in achieving expense reduction goals, and on schedule, and resulting
potential effects on operations; technological changes; development of Internet commerce; industry
cycles; changes in pricing or other actions by competitors and suppliers; regulatory, tax and legal
changes; adoption of new accounting standards or changes in existing accounting standards by the
Financial Accounting Standards Board or other accounting standard-setting bodies or authorities;
the effects of Company acquisitions, dispositions, co-owned ventures, and investments; general
economic conditions; significant armed conflict; and other factors beyond our control, as well as
other risks described on Form 10-K and other public disclosures and filings with the Securities and
Exchange Commission.