NEW YORK, May 27, 2014 /PRNewswire/ -- TheStreet, Inc. (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 June 30, 2014 to all shareholders of record at the close of business on June 13, 2014. The Company reinstated its quarterly dividend on March 31, 2014.
"We continue to execute strongly on our growth strategy and are pleased by positive momentum in the business, which allows us to continue to return capital to 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, RealMoney Pro, Stockpickr, Action Alerts PLUS, Options Profits, MainStreet, Trifecta and Rate-Watch. 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.
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