COLUMBIA, Md., May 28 /PRNewswire-FirstCall/ -- Arbitron Inc. (NYSE: ARB) today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.10 (ten cents) per common share ($0.40 per share on an annualized basis). The dividend will be paid on or about July 1, 2009 to shareholders of record as of the close of business on June 15, 2009.
As of May 20, 2009, there were approximately 26,480,190 shares outstanding.
About Arbitron
Arbitron Inc. (NYSE: ARB) is a media and marketing research firm serving the media -- radio, television, cable and out-of-home -- as well as advertisers and advertising agencies. Arbitron's core businesses are measuring network and local market radio audiences across the United States; surveying the retail, media and product patterns of local market consumers; and providing application software used for analyzing media audience and marketing information data. The company has developed the Portable People Meter, a new technology for media and marketing research.
Arbitron's headquarters and its world-renowned research and technology organizations are located in Columbia, Maryland.
Portable People Meter(TM) and PPM(TM) are marks of Arbitron Inc.
SOURCE Arbitron Inc.