NEW YORK, Dec. 1, 2015 /PRNewswire/ -- TheStreet, Inc. (NASDAQ: TST), a leading digital financial media company, 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 December 31, 2015 to all shareholders of record at the close of business on December 14, 2015.
"As we continue to execute our strategic plan and turn our attention to 2016, we are pleased to close out 2015 with a return of capital to our shareholders," said Elisabeth DeMarse, Chair and Chief Executive Officer.
TheStreet, Inc. (www.t.st) is a 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, Action Alerts PLUS and MainStreet. 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 and through its BoardEx product, director and officer profiles. To learn more, visit www.thedeal.com and www.boardex.com. RateWatch is the Company's business unit that provides rate and fee data from banks and credit unions across the U.S. for a wide variety of banking products. To learn more, visit www.rate-watch.com.
SOURCE TheStreet, Inc.