Time Warner Cable Inc. (NYSE:TWC) today announced that the Company raised its regular quarterly dividend by 15 percent to $0.75 per share; $3.00 per share on an annualized basis. The quarterly dividend is payable in cash on March 17, 2014 to stockholders of record at the close of business on February 28, 2014.
Time Warner Cable Chairman and Chief Executive Officer Rob Marcus said: “Today’s announcement is a reflection of our continued confidence in the business and our ability to generate free cash flow while we continue to invest in our long-term growth.”
About Time Warner Cable
Time Warner Cable Inc. (NYSE: TWC) is among the largest providers of video, high‐speed data and voice services in the United States, connecting more than 15 million customers to entertainment, information and each other. Time Warner Cable Business Class offers data, video and voice services to businesses of all sizes, cell tower backhaul services to wireless carriers and, through its NaviSite subsidiary, managed and outsourced information technology solutions and cloud services. Time Warner Cable Media, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions. More information about the services of Time Warner Cable is available at www.timewarnercable.com, www.twcbc.com, www.navisite.com, and www.twcmedia.com.