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OUTFRONT Media (OUT) will raise its quarterly dividend to $0.36 per share.

The increased dividend will be paid March 31, 2017 to shareholders of record on March 10, 2017.

OUTFRONT Media Inc., formerly CBS Outdoor Americas Inc., is a provider of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The company has a portfolio of billboard, transit and digital displays, and develops hardware and software solutions for demographic and location targeting, and engaging ways to connect with consumers on-the-go.