NEW YORK--(BUSINESS WIRE)-- The Time Inc. (NYSE:TIME) Board of Directors today declared a regular quarterly cash dividend of $0.04 per share payable on June 15, 2017 to all common stockholders of record at the close of business on May 31, 2017.

ABOUT TIME INC.

Time Inc. (NYSE:TIME) is a leading content company that engages over 170 million consumers every month through our portfolio of premium brands across platforms. By combining our distinctive content with our proprietary data and people-based targeting, we offer highly differentiated end-to-end solutions to marketers across the multimedia landscape. Our influential brands include People, Time, Fortune, Sports Illustrated, InStyle, Real Simple and Southern Living, as well as approximately 60 diverse brands in the United Kingdom. Time Inc. has been extending the power of our brands through various acquisitions and investments, including Viant, an advertising technology firm with a specialized people-based marketing platform; The Foundry, Time Inc.’s creative lab and content studio; and the People Entertainment Weekly Network (PEN). The Company is also home to celebrated events, such as the Time 100, Fortune Most Powerful Women, People’s Sexiest Man Alive, Sports Illustrated’s Sportsperson of the Year, the Essence Festival and the Food & Wine Classic in Aspen.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170510005499/en/

Source: Time Inc. IR