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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 July July: see month.  3, 2007, to stockholders of record as of June 8, 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 June 15, 2007, to stockholders of record as of May 25, 2007.

Alltel is owner and operator of the nation's largest wireless network and has nearly 12 million wireless customers.

Alltel, NYSE: AT

www.alltel.com
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 19, 2007
Words:93
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