Shenandoah Telecom Co (SHEN) Raises Annual Dividend 2.1% to $0.48; 1% Yield

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Go back to Shenandoah Telecom Co (SHEN) Raises Annual Dividend 2.1% to $0.48; 1% Yield

Shenandoah Telecommunications Company Announces Increased Dividend and Two-for-One Stock Split

October 20, 2015 8:45 AM EDT

EDINBURG, Va., Oct. 20, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) declared a cash dividend of $0.48 per share. The dividend is an increase of $0.01 per share or 2% over the 2014 dividend. The dividend will be payable December 1, 2015, to shareholders of record as of the close of business on November 5, 2015. The total payout to shareholders, before reinvestment, will be approximately $11.6 million. The Company has paid... More