ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 2.5% Yield

ADTRAN, Inc. (NASDAQ: ADTN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on May 16, 2019, to stockholders of record on May 1, 2019, with an ex-dividend date of April 30, 2019.

The annual yield on the dividend is 2.5 percent.

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “We are pleased with our progress in the first quarter of 2019. Our revenue was diverse and well balanced with material contributions across the LATAM, EMEA, North America, and Pacific Rim regions. Furthermore, our broad portfolio of next-generation solutions continues to gain market traction with a growing number of customers in an expanding range of market segments. This progress underscores the company’s global strategy of diversification across geographies and markets.”

For a dividend history and other dividend-related data on ADTRAN, Inc. (ADTN) click here.

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