Emmis Announces Dividend on Convertible Preferred Stock; Re-Election of Board Members

Indianapolis…Emmis Communications Corporation (NASDAQ: EMMS) today announced that its Board of Directors declared a dividend for its 6.25% convertible preferred stock (NASDAQ: EMMSP), with a record date of July 5, 2003, and a payable date of July 15, 2003.

The per share dividend for the quarter is $.78125. One share of Emmis preferred stock is convertible to 1.28 shares of Emmis Class A Common Stock.

In addition, today at the company’s Annual Shareholders Meeting, four board members were re-elected. Susan B. Bayh, Gary L. Kaseff and Frank V. Sica were elected to three-year terms on the Board, while Peter A. Lund was elected to a two-year term. In addition, the selection of Ernst & Young as Emmis’ independent auditor was ratified.

Emmis Corporation
Facebook-f Twitter Linkedin

Privacy Policy | Terms of Service | Transparency in Coverage (TIC)

Emmis is an equal opportunity employer. We believe in the dignity and the worth of every individual.  We will not discrimi­nate against or favor any employee or applicant, or make any decision or take any action, based on race, color, national origin, citizenship status, creed, religion, religious affiliation, age, sex, marital status, sexual orientation, gender identity, disability, veteran status, or any other protected status. Emmis also prohibits any discriminatory or demeaning language, emphasis, characterization or conduct by its employees that may harass, intimidate, insult, ridicule, emphasize, or characterize another person because of his/her race, color, religion, national origin, sex, age, sexual orientation, disability or other legally-protected status or characteristic.

Scroll to Top