IDT Corp. (IDT) Lowers Quarterly Dividend 43.5% to $0.13; 4% Yield

IDT Corp. (NYSE: IDT) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is a 43.5% decrease from the prior dividend of $0.23.

The dividend will be payable on January 5, 2012, to stockholders of record on December 22, 2011, with an ex-dividend date of December 20, 2011.

The annual yield on the dividend is 4 percent.

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