Bell Atlantic Corp - Dividend Declaration
June 24 1998 - 3:41AM
UK Regulatory
RNS No 3497f
BELL ATLANTIC CORPORATION
23rd June 1998
Contact:
Jim Crosson
(212) 395-2285
James.E.Crosson@bellatlantic.com
REFLECTING STOCK SPLIT, BELL ATLANTIC DECLARES
QUARTERLY DIVIDEND OF $.385 PER SHARE
NEW YORK -- The board of directors of Bell Atlantic Corp (NYSE:BEL) today
declared a quarterly dividend of $.385 per outstanding common share, payable on
August 3, 1998, to shareowners of record as of the close of business on July 10,
1998. The dividend rate reflects a previously announced 2-for-1 stock split of
Bell Atlantic common shares, payable on June 29, 1998, to shareowners of record
as of the close of business on June 1, 1998.
On a pre-split basis, the dividend is unchanged from the previous quarterly
dividend, which was $.77 per outstanding common share on a pre-split basis.
The stock split is Bell Atlantic's third in 12 years.
Bell Atlantic has approximately 1.2 million registered shareowners and
approximately 776.4 million shares of common stock outstanding as of May 31,
1998. After the stock split, there will be approximately 1.55 billion shares
of common stock outstanding.
END
DIVPBUBUQBGRPPW
Banco Lat.8%Pfd (LSE:BAN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Banco Lat.8%Pfd (LSE:BAN)
Historical Stock Chart
From Jul 2023 to Jul 2024