Alaska Communications Systems (ALSK) Slashes Qtr. Dividend by 75% to $0.05/Share; 4.6% Yield

December 21, 2011 5:05 PM EST
Alaska Communications Systems (NASDAQ: ALSK) slashed its quarterly dividend by about 75 percent from $0.215 to $0.05 per share.

The dividend will be payable on January 18, 2012, to stockholders of record on December 30, 2011, with an ex-dividend date of December 28, 2011.

The annual yield on the dividend is 4.6 percent.


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