Alltel Increases Quarterly Dividend for 45th Consecutive Year
October 20 2005 - 10:35AM
Business Wire
Alltel's (NYSE:AT) board of directors today increased the regular
quarterly dividend from 38 cents to 38 1/2 cents on the company's
common stock. This is the 45th consecutive annual dividend increase
since the company's founding. The 38 1/2-cent dividend is payable
Jan. 3, 2006, to stockholders of record as of Dec. 9, 2005. The new
indicated annual dividend rate will increase 2 cents to $1.54 per
common share. Regular quarterly dividends also were declared on all
series of the company's preferred stock. Preferred dividends are
payable Dec. 15, 2005 to stockholders of record as of Nov. 24,
2005. Alltel is a customer-focused communications company with more
than 15 million customers in 36 states and nearly $10 billion in
annual revenues. NYSE: Alltel, AT www.alltel.com
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