Alltel Declares Quarterly Dividends of 38 1/2 Cents Per Share.LITTLE ROCK, Ark. -- Alltel's board of directors today declared regular quarterly dividends on the company's common stock. The 38 1/2 cent dividend is payable July July: see month. 3, 2006, to stockholders of record as of June 9, 2006. 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, 2006, to stockholders of record as of May 25, 2006. Alltel is owner and operator of the nation's largest wireless network and has more than 10 million wireless customers. NYSE NYSE See: New York Stock Exchange : Alltel, AT www.alltel.com |
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