This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Jan. 6, 2014 /PRNewswire/ -- TheStreet, Inc. (NASDAQ: TST), a leading digital financial media company, today announced that its Board of Directors has declared a quarterly cash dividend of
$0.025 per share, payable on
March 31, 2014, to shareholders of record at the close of business on
March 14, 2014.
"We are pleased to reinstate a quarterly cash dividend for our shareholders," said
Elisabeth DeMarse, Chair and Chief Executive Officer. "With the realignment of our cost structure largely complete, our strong balance sheet affords us the ability to regularly return capital to our shareholders in the form of a dividend while still allowing us the opportunity to pursue accretive acquisitions and make other strategic investments."
TheStreet, Inc. (
www.t.st) is the leading independent digital financial media company providing business and financial news, investing ideas and analysis to personal and institutional investors worldwide. The Company's portfolio of business and personal finance brands includes: TheStreet, RealMoney, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet, Trifecta and RateWatch. To learn more, visit
www.thestreet.com. The Deal, the Company's institutional business, provides intraday coverage of mergers and acquisitions and all other changes in corporate control. To learn more, visit
Contacts: John Ferrara Chief Financial Officer TheStreet, Inc. 212-321-5234
firstname.lastname@example.orgErica Mannion Investor Relations Sapphire Investor Relations, LLC 415-471-2700
SOURCE TheStreet, Inc.