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ALLTEL Declares Quarterly Dividends.


Business Editors/High-Tech Writers

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Jan. 23, 2003

ALLTEL's (NYSE NYSE

See: New York Stock Exchange
:AT) board of directors today declared regular quarterly dividends on the company's common stock. The 35-cent dividend is payable April 3, 2003, to shareholders of record as of Feb. 24, 2003.

Regular quarterly dividends also were declared on all series of the company's preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders.

Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate.
. Preferred dividends preferred dividend n. a payment of a corporation's profits to holders of preferred shares of stock. (See: preferred stock)  are payable March 15, 2003, to stockholders of record as of Feb. 24, 2003.

ALLTEL, with more than 12 million communications customers and more than $7.7 billion in annual revenues, is a leader in the communications and information services See Information Systems.  industries. ALLTEL has communications customers in 26 states and provides information services to telecommunications, financial and mortgage clients in more than 50 countries.

NYSE: ALLTEL, AT

www.alltel.com
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Publication:Business Wire
Date:Jan 23, 2003
Words:130
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