Dividends News: Alaska Communications To Pay 21.5 Cents
June 15, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) said that its board of directors declared a quarterly cash dividend of $0.215 per share on the company's common stock.
The dividend is payable on July 21, 2010 to stockholders of record at the close of business on June 30, 2010.
Alaska Comm had around 44.6 million shares of common stock outstanding as of April 19.
Alaska-based Alaska Communications Systems is a provider of broadband and other wireline and wireless solutions to enterprise and mass market customers.
The company’s wireline operations include data networks and an undersea fiber optic system connecting Alaska to the contiguous United States. The ACS wireless operations include a statewide 3G CDMA network, reaching across Alaska from the North Slope to Ketchikan, with coverage extended via best-in-class CDMA carriers in the Lower 49 and Canada.
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