Home Music Industry News Arbitron Inc. Declares Quarterly Dividend; Holds Annual Stockholders’ Meeting

Arbitron Inc. Declares Quarterly Dividend; Holds Annual Stockholders’ Meeting

 width=The board of directors of . (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 July 1, 2011 to shareholders of record as of the close of business on June 15, 2011

As of April 29, 2011, there were approximately 27,133,850 shares outstanding.

Annual Meeting of Stockholders

Arbitron Inc. held its annual stockholders’ meeting on Tuesday, May 24, 2011. Arbitron stockholders elected nine individuals to the board of directors.

Shellye L. Archambeau, David W. Devonshire, John A. Dimling, , Philip Guarascio, William T. Kerr, Larry E. Kittelberger, Luis G. Nogales and Richard A. Post were returned to the board for one year terms, expiring in 2012.

Ms. Archambeau is of MetricStream, Inc.; Mr. Devonshire is the former Executive Vice President and Chief Financial Officer of Motorola, Inc.; Mr. Dimling is the former Chairman Emeritus and former President and of , Inc.; Ms. Farber is Founder and of The Farber Connection LLC and former Publisher and President of Radio Records, Inc.; Mr. Guarascio is the Chairman and of PG Ventures LLC and , General Manager of General Motors Corporation’s North America Advertising and Corporate Marketing; Mr. Kerr is President and Chief Executive Officer of Arbitron; Mr. Kittelberger is the former Senior Vice President, Technology and Operations of Honeywell International, Inc.; Mr. Nogales is the Managing Partner of Nogales Investors LLC and former Chairman and Chief Executive Officer of Embarcadero Media, Inc., and Mr. Post is the former President and Chief Executive Officer of Autobytel Inc.

Stockholders also approved the compensation of Arbitron’s named executive officers, voted to hold an annual advisory vote on executive compensation and ratified KPMG LLP as Arbitron’s independent registered public accounting firm for fiscal year 2011.

Voting results will be reported in Arbitron’s current report on Form 8-K, which will be filed with the U.S. Securities and Exchange Commission within four business days.

About Arbitron

Arbitron Inc. (NYSE: ARB) is a media and marketing research firm serving the media ““ radio, television, cable and out-of-home ““ as well as advertisers and advertising agencies. Arbitron’s core businesses are measuring network and local market radio audiences across the United States; surveying the retail, media and product patterns of local market consumers; and providing application software used for analyzing media audience and marketing information data. The company has developed the Portable People Meterâ„¢(PPMâ„¢) and PPM 360â„¢, new technologies for media and marketing research.

Portable People Meterâ„¢, PPMâ„¢ and PPM 360â„¢ are marks of Arbitron Inc..

 

SOURCE Arbitron Inc.

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CEO of RF Focus, Radio and Music Industry Veteran. Radio DJ, Programmer, Musician and Voice Talent. Graduated from Performing Arts in Buffalo, N.Y. and worked at the legendary KKBT (92.3 The Beat) during its nationwide heyday in the early 90s. Also worked for Stevie Wonder at KJLH.

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