COLUMBIA,
Md., Sept. 23, 2013
/PRNewswire/ -- The board of directors of Arbitron Inc. (NYSE: ARB)
has approved the payment of a quarterly cash dividend of
$0.10 (ten
cents) per common share. The dividend will be paid on or
about January 1, 2014 to shareholders
of record as of the close of business on December 16, 2013.
If the effective date of the pending merger with Nielsen
Holdings N.V. is before December 16,
2013, the dividend will be pro-rated with stockholders
receiving $0.001098901 per share per
day for each day after September 16,
2013, the record date for the previously declared quarterly
dividend.
In accordance with the merger agreement, the pro rata
dividend ensures that stockholders receive a dividend at the
current rate until the closing of the pending merger with Nielsen.
The pro rata dividend, which amounts to $0.10 per share for the full quarter, will be
payable within 30 days after the merger closes to shareholders of
record at the close of business on the day before the closing of
the merger.
As of September 20, 2013,
there were approximately 26,999,066 shares outstanding.
About Arbitron
Arbitron Inc. (NYSE:
ARB) is an international media and marketing research firm serving
the media – radio, television, cable and out-of-home; the mobile
industry as well as advertising agencies and advertisers around the
world. Arbitron's businesses include: measuring network and local
market radio audiences across the United
States; surveying the retail, media and product patterns of
U.S. consumers; providing mobile audience measurement and analytics
in the United States, Europe, Asia
and Australia, and developing
application software used for analyzing media audience and
marketing information data. The Company has developed the Portable
People Meter ™ (PPM®) and the PPM 360™, new technologies
for media and marketing research.
Portable People Meter™, PPM® and PPM 360™
are marks of Arbitron Inc.
SOURCE Arbitron Inc.