Shenandoah Telecom Co (SHEN) Raises Annual Dividend 14.3% to $0.08; 0.4% Yield

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Go back to Shenandoah Telecom Co (SHEN) Raises Annual Dividend 14.3% to $0.08; 0.4% Yield

Shenandoah Telecommunications Company Announces 2022 Annual Dividend

October 25, 2022 5:00 PM EDT

EDINBURG, Va., Oct. 25, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) declared a cash dividend of $0.08 per share.

The dividend will be payable December 1, 2022, to shareholders of record as of the close of business on November 7, 2022. This dividend is an increase of $0.01 per share or 14.3% over the December 2021 dividend and will be Shentels sixty-third consecutive year of annual dividends.

We are pleased to announce an increase in the annual dividend, demonstrating our confidence in the long-term growth prospects of our Glo Fiber expansion plans, said President and... More