A. H. Belo announced it is increasing its quarterly dividend rate to 8c per share, beginning in Q3. The board declared a quarterly cash dividend of 8c per share, payable on September 6 to shareholders of record at the close of business on August 16. A. H. Belo also announced updated pension funding guidance for 2013. The company will contribute $7.4M in required contributions and $4.6M in voluntary contributions to its defined benefit plans. The 2013 funding amount is $9.1M less than the amount previously disclosed by the company. The board will review the amount and timing of further voluntary contributions from time to time.
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