CT Communications Increases Quarterly Dividend 20%
October 26 2006 - 8:15PM
PR Newswire (US)
CONCORD, N.C., Oct. 26 /PRNewswire-FirstCall/ -- CT Communications,
Inc. (NASDAQ:CTCI) announces that its board of directors has
declared a quarterly dividend on its common stock of $0.12 per
share, an increase of 20% from the previous quarter. The dividend
is payable December 15, 2006, to all shareholders of record as of
the close of business on December 1, 2006. CT Communications'
officials said the dividend increase is made possible by the
Company's continuing focus on growing revenue, increasing
operational efficiency and the Company's solid financial condition.
With this increase, CT Communications has increased its dividend
85% in the last two years. CT Communications, Inc., headquartered
in Concord, N.C., is a growing provider of integrated
telecommunications and related services to residential and business
customers located primarily in North Carolina. CT Communications,
Inc. offers a comprehensive package of telecommunications services,
including broadband high-speed data services, local and long-
distance telephone services, and digital wireless voice and data
services. DATASOURCE: CT Communications, Inc. CONTACT: Jim Hausman,
+1-704-722-2410, or Ron Marino, +1-704-722-2212, both of CT
Communications, Inc. Web site: http://www.ctc.net/
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