NEW YORK, Aug. 29, 2014 /PRNewswire/ -- TheStreet, Inc. (NASDAQ: TST), a leading digital financial media company, today announced today that its board of directors has declared a quarterly cash dividend on the Company's common stock. The cash dividend of $0.025 per share of common stock will be payable on September 30, 2014 to all shareholders of record at the close of business on September 15, 2014.
"We continue to execute on our long-term growth strategy of driving profitable revenue from our retail and institutional platforms, which creates shareholder value and allows the continuation of our quarterly dividend" said Elisabeth DeMarse, Chair and Chief Executive Officer.
About TheStreet
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 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 www.thedeal.com.
Contacts:
John Ferrara
Chief Financial Officer
TheStreet, Inc.
212-321-5234
[email protected]
Erica Mannion
Investor Relations
Sapphire Investor Relations, LLC
415-471-2700
[email protected]
SOURCE TheStreet, Inc.
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