Key Takeaways NYT, YUMC and ESQ announced dividend hikes as markets turned volatile this year.NYT set a $0.23 dividend for Apr. 16, extending a multi-year pattern of dividend increases.YUMC declared a $0.29 dividend for Mar. 25, marking its fourth dividend increase in five years.Wall Street has remained volatile since the beginning of the year, despite all three major indexes hitting new highs. The volatility has intensified over the past two weeks, with indexes giving up most of their gains this year.The v ...

Core Insights - The New York Times Company reported significant growth in digital ad sales and subscriptions, leading to a notable increase in revenue and net income for the latest quarter [1][3] - The stock price of NYT rose over 11% week to date, reflecting positive market sentiment following the earnings report [2] Financial Performance - NYT's second-quarter revenue grew nearly 10% year over year, reaching approximately $686 million [3] - GAAP net income increased by 27% to just under $83 million, while non-GAAP adjusted earnings per share rose from $0.45 to $0.58 [3][5] - Analysts had expected revenue of over $670 million and adjusted net income of $0.52 per share, indicating that the company exceeded these expectations [5] Future Outlook - Management anticipates a 13% to 16% year-over-year increase in digital subscriptions for the third quarter, with digital ad revenue expected to rise at low-double-digit rates [5] - Following the positive earnings report and guidance, several analysts raised their price targets for NYT shares, with new assessments of $56 and $62 per share from Guggenheim and Huber Research respectively [6]