Frontier Communications Corporation Declares Third-Quarter Dividends
July 26 2017 - 4:07PM
Business Wire
Frontier Communications Corporation (NASDAQ:FTR) announced today
that its Board of Directors has declared a regular quarterly
dividend on Frontier’s 11.125% Mandatory Convertible Preferred
Stock, Series A, of $2.78125 per share, payable in cash on
September 29, 2017 to holders of record at the close of
business on September 15, 2017.
The Board of Directors also has declared a regular quarterly
cash dividend of $0.60 per share of common stock, payable on
September 29, 2017 to holders of record at the close of business on
September 15, 2017. This $0.60 per share common stock
dividend, as compared to the $0.04 per share common stock dividend
declared and paid in Q1 of 2017, reflects the July 10, 2017
one-for-fifteen reverse stock split of Frontier’s common stock.
About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) is a leader in
providing communications services to urban, suburban, and rural
communities in 29 states. Frontier offers a variety of services to
residential customers over its fiber-optic and copper networks,
including video, high-speed internet, advanced voice, and Frontier
Secure® digital protection solutions. Frontier Business Edge™
offers communications solutions to small, medium, and enterprise
businesses. More information about Frontier is available at
www.frontier.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170726006319/en/
Frontier Communications
CorporationInvestor:Luke SzymczakVice
President, Investor
Relations203-614-5044luke.szymczak@ftr.comorMedia:Brigid
SmithAVP, Corp.
Comm.203-614-5042brigid.smith@ftr.com
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