Alteva (ALTV) Declares $2.60 Special Dividend; 35.5% Yield

Alteva (NYSE: ALTV) declared a special dividend of $2.60 per share.

The dividend will be payable on June 30, 2015, to stockholders of record on June 19, 2015, with an ex-dividend date of July 1, 2015.

Yield on the dividend is 35.5 percent.

The special cash dividend will be taxable to shareholders as a qualified dividend for U.S. Federal income tax purposes. The U.S. federal income tax treatment of holding Alteva's common stock to any particular shareholder will depend on the shareholder's particular tax circumstances. Alteva's shareholders are urged to consult their tax advisor regarding the U.S. federal, state, local and foreign income and other tax consequences to them, in light of their particular investment or tax circumstances, of acquiring, holding and disposing of Alteva's common stock.

For a dividend history and other dividend-related data on Alteva (ALTV) click here.

You May Also Be Interested In

• Pegasystems (PEGA) Declares $0.083 Special Dividend; 0.2% Yield
• United Community Banks Inc. (UCB) Raises Quarterly Dividend 4% to $0.26; 2.8% Yield
• RLI Corp. (RLI) Declares $0.18 Annual Dividend; 0.3% Yield