Arbitron Declares Quarterly Dividend, Elects Board

RADIO ONLINE | Thursday, May 24, 2012 | 6:44pm CT

Arbitron's board of directors have approved a quarterly cash dividend of $0.10 (ten cents) per common share. The dividend will be paid on July 2, to shareholders of record as of the close of business on June 15. As of May 2, there were about 26.45 million shares outstanding.

Arbitron also held its annual stockholders' meeting on Tuesday, May 22, electing ten to the board of directors, including Shellye L. Archambeau, David W. Devonshire, John A. Dimling, Erica Farber, Ronald G. Garriques, Philip Guarascio, William T. Kerr, Larry E. Kittelberger, Luis G. Nogales, Richard A. Post.

Stockholders also voted to approve, on an advisory basis, compensation for the named executive officers as disclosed in the Arbitron Inc. Proxy Statement for the 2012 stockholders meeting.