Otelco (OTT) Declares Distribution Payment to IDS Holders of $0.42

Otelco Inc. (NASDAQ: OTT) declared a distribution of $0.42 per Income Deposit Security, which will be made on June 30, 2011, to holders of record at the close of business on June 15, 2011. The ex-IDS date is June 13 and the yield is 9.1%.

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