DALLAS — The board of directors of Belo Corporation, which earlier today released its fourth quarter and year-end results, has declared a quarterly cash dividend. The dividend is $0.075 for each outstanding share of Series A stock and Series B stock to be paid June 1, 2001 to shareholders of record on May 11, 2001.
Belo reported earnings per diluted share before non-recurring items of $0.27 for the fourth quarter, compared to $0.23 for the same period a year ago. For the year 2000, the company reported earnings per diluted share of $0.82 before non-recurring items, compared to $0.73 in 1999.
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