Altice USA (ATUS) Declares $2.035 Special Dividend; 10.8% Yield

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Altice USA Declares One-Time Cash Dividend

May 14, 2018 7:32 PM EDT

NEW YORK--(BUSINESS WIRE)-- The Board of Directors of Altice USA, Inc. (Altice USA, NYSE: ATUS) today declared a one-time cash dividend of $2.035 per share of Altice USA Class A common stock and Class B common stock. The dividend is payable to stockholders of record at the close of business on May 22, 2018.

On January 8, 2018 Altice N.V. (Altice NV, Euronext: ATC, ATCB), the majority stockholder of Altice USA, announced that its Board of Directors had approved plans for the separation of Altice USA from Altice NV. Altice NV aims to complete the proposed transaction in... More