B Communications Ltd (BCOM) Declares $0.19 Quarterly Dividend; 4% Yield

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B Communications Announces Payment of Dividend

August 31, 2015 6:20 AM EDT

A dividend of NIS 0.73 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 0.73 per share (approximately $0.19 according to the rate of exchange on August 31, 2015) and approximately NIS 22 million (approximately $6 million) in the aggregate.

The actual amount of dividends to be paid in US$ will be converted from NIS based upon the... More