Iowa Telecom Declares Quarterly Dividend of $0.405 Per Share.NEWTON, Iowa Newton is the county seat of Jasper County, Iowa, United StatesGR6. As of the 2000 census, the city population was 15,579. It is the home of Maytag Dairy Farms and was formerly home to the Maytag Corporation's corporate headquarters until the Whirlpool -- Iowa Telecommunications Services, Inc. (NYSE NYSE See: New York Stock Exchange : IWA IWA International Water Association IWA International Webmasters Association IWA Inland Waterways Association (UK) IWA International Windsurfing Association IWA Williams-Gateway Airport ) today announced its Board of Directors has declared a quarterly dividend of $0.405 per share on Iowa Telecommunications common stock. The dividend is payable on January 16, 2007 to shareholders of record at the close of business on December 29, 2006. The dividend represents the eighth full quarterly dividend payable to stockholders at the indicated annual dividend rate of $1.62 per share. About Iowa Telecom Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) is a telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. that offers local telephone, long distance, Internet, broadband and network access services to business and residential customers. Today, the company serves over 435 communities and employs over 600 people throughout the state of Iowa. The company's headquarters are in Newton, Iowa. The Company trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol IWA. For further information regarding Iowa Telecom, please go to www.iowatelecom.com and select "Investor Relations Investor relations The process by which the corporation communicates with its investors. ." The Iowa Telecom logo is a registered trademark of Iowa Telecommunications Services, Inc. in the United States. Forward-Looking Statements The press release may contain forward-looking statements that are not based on historical fact, including without limitation statements containing the words "believes," "may," "plans," "will," "estimate," "continue," "anticipates," "intends," "expects," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from future results, events or developments described in the forward-looking statements. Such factors include those risks described in Iowa Telecom's Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. All information is current as of the date this press release is issued, and Iowa Telecom undertakes no duty to update this information. |
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