The McClatchy Co. said Thursday it received nearly $34 million in payouts this week from a pair of equity investments. The payouts are higher than what McClatchy received a year ago.
Sacramento-based McClatchy, which owns The Bee, got a $15 million dividend Thursday from CareerBuilder. McClatchy owns 15 percent of the online help-wanted advertising company.
McClatchy disclosed that it also received $18.9 million Tuesday from Classified Ventures, another online ad business. McClatchy owns 25.6 percent of Classified Ventures, whose businesses include Cars.com and Apartments.com.
Along with smaller distributions received earlier, McClatchy said it has received a total of $38.6 million in dividends this year.
By comparison, McClatchy received $31.6 million in dividends from its equity investments last year. Those included a total of $24.9 million from CareerBuilder and Classified Ventures.
- Dale Kasler