B Communications Ltd (BCOM) Declares $0.58 Quarterly Dividend; 14.9% Yield

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B Communications Announces Payment of Dividend

May 21, 2015 6:02 AM EDT

A dividend of NIS 2.24 per share was approved by the Company's Board of Directors

RAMAT GAN, Israel--(BUSINESS WIRE)-- B Communications Ltd. (NASDAQ and TASE: BCOM) announced today that in a meeting held on this date, the Board of Directors of the Company, declared a dividend of NIS 2.24 per share (approximately $0.58 cents according to the rate of exchange on May 21, 2015) and approximately NIS 67 million (approximately $17 million) in the aggregate. Tax will be withheld at a rate of 25%.

Dividends that will be paid in US... More

B Communications Reports Financial Results for the First Quarter of 2015

May 21, 2015 6:00 AM EDT

- Net Income Attributable to Shareholders for the First Quarter Totaled NIS 48 Million

- Board of Directors Approves Companys Dividend of NIS 2.24 per Share

RAMAT GAN, Israel--(BUSINESS WIRE)-- B Communications Ltd. (the Company) (NASDAQ: BCOM) (TASE: BCOM), a holding company with a controlling interest in Israels largest telecommunications provider, Bezeq, The Israel Telecommunication Corp. (TASE: BEZQ), today reported its financial results for the first quarter of 2015.

During the quarter, we continued to execute our... More