New Quarterly Dividend Rate of $0.10 per Share
STAMFORD, Conn.--(BUSINESS WIRE)--
Frontier Communications Corporation (NASDAQ: FTR) announced today that
its Board of Directors has declared a regular quarterly cash dividend
payment of $0.10 per share of common stock, payable on March 30, 2012 to
holders of record of common stock at the close of business on March 9,
2012. This represents a reduction from the prior quarterly dividend of
$0.1875 per share.
About Frontier Communications
Frontier Communications Corporation (NASDAQ: FTR) offers voice,
High-Speed Internet, satellite video, wireless Internet data access,
data security solutions, bundled offerings, specialized bundles for
small businesses and home offices, and advanced business communications
for medium and large businesses in 27 states and with approximately
15,400 employees based entirely in the United States. More information
is available at www.frontier.com
and www.frontier.com/ir.
Frontier Communications
INVESTORS:
David Whitehouse,
203-614-5708
SVP & Treasurer
david.whitehouse@ftr.com
or
Gregory
Lundberg, 203-614-5044
Assistant Treasurer, Investor Relations
greg.lundberg@ftr.com
or
MEDIA:
Brigid
Smith, 203-614-5042
AVP, Corp. Comm.
brigid.smith@ftr.com
Source: Frontier Communications Corporation