MONTREAL, May 28 /CNW Telbec/ - The Board of Directors of Astral Media Inc., (TSX: ACM.A/ACM.B) at a meeting held on May 6, 2010, declared a semi-annual dividend of twenty-five cents (25 cents) per share on the Class A Non-voting Shares and the Class B Subordinate Voting Shares of the Corporation payable July 30, 2010 to the shareholders of record at the close of business on July 14, 2010.
Astral Media Inc. designates this dividend to be an eligible dividend pursuant to subsection 89(14) of the Income Tax Act and its equivalent in the provincial jurisdictions of Canada.
Astral is one of Canada's largest media companies. It operates several of the country's most popular pay and specialty television, radio, out-of-home advertising and digital media properties. Astral plays a central role in community life across the country by offering diverse, rich and vibrant programming that meets the tastes and needs of consumers and advertisers. To learn more about Astral, visit astral.com.
SOURCE Astral Media Inc.
For further information: For further information: Claude Gagnon, Senior Vice-President and Chief Financial Officer, Astral Media Inc., (514) 939-5000