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Shenandoah Telecom (SHEN) Declares Increased Dividend to $0.32; 1.85% Yield

October 20, 2009 10:01 AM EDT
Shenandoah Telecommunications Company (NASDAQ: SHEN) declared an increased annual cash dividend of $0.32 per share. This dividend represents an increase of $0.02 over the 2008 dividend.

The dividend will be payable December 1, 2009, to shareholders of record on November 10, 2009. The ex-dividend date is November 6, 2009.

The dividend yield is about 1.85%.

Shenandoah Telecommunications Company, through its subsidiaries, provides regulated and unregulated telecommunications services to end-user customers and other communications providers in the southeastern United States.

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