Cablevision Systems announces regular quarterly dividend on preferred stock.WOODBURY, N.Y.--(BUSINESS WIRE)--March 12, 1996--Cablevision Systems Corp. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CVC See CSC. ) today announced its regular quarterly dividend on three series of preferred stock: -- 11 3/4% Series G Redeemable Exchangeable Preferred Stock -- 8 1/2% Series I Cumulative Convertible Exchangeable Preferred Stock Convertible exchangeable preferred stock Convertible preferred stock that may be exchanged, at the issuer's option, into convertible bonds that have the same conversion features as the convertible preferred stock. -- 11 1/8% Series L Redeemable Exchangeable Preferred Stock The record date for dividends to be paid to shareholders of all three issues of preferred stock is March 17, 1996. The payment date has been set for April 1, 1996. Cablevision Systems Corp. is the nation's sixth largest operator of cable television systems, serving 2.6 million customers in the U.S., with major operations in Boston, Cleveland, and the New York Metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. , where Cablevision has 1.5 million customers. CONTACT: Cablevision Systems, Woodbury Charles Schueler, 516/393-1399 |
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