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Alltel Declares Quarterly Dividends of 12 1/2 Cents Per Share.


LITTLE ROCK, Ark. -- 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 12 1/2 cent dividend is payable April 3, 2007, to stockholders of record as of Feb. 23, 2007.

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, 2007, to stockholders of record as of Feb. 23, 2007.

Alltel ALLTEL Corporation (NYSE: AT) is an American telecommunications company with headquarters in Little Rock, Arkansas. Alltel provides wireless services to residential and business customers in 35 states.  is owner and operator of the nation's largest wireless network and has more than 11 million wireless customers.

NYSE: Alltel, AT

www.alltel.com
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 18, 2007
Words:94
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