NORWALK, Conn.--(BUSINESS WIRE)--
Frontier Communications Corporation (NASDAQ:FTR) announced that its
Board of Directors has declared a regular and final quarterly dividend
on Frontier’s 11.125% Mandatory Convertible Preferred Stock, Series A
(the “Preferred Stock”), of $2.78125 per share (the “Preferred
Dividend”). As an update on Frontier’s press release issued on May 1,
2018, the Preferred Dividend will be payable in cash on June 29, 2018,
the day the Preferred Stock converts into common stock, and the
Preferred Dividend is payable to the holders of Preferred Stock
presenting such shares for conversion on June 29, 2018.
About Frontier Communications
Frontier Communications Corporation (NASDAQ:FTR) is a leader in
providing communications services to urban, suburban, and rural
communities in 29 states. Frontier offers a variety of services to
residential customers over its fiber-optic and copper networks,
including video, high-speed internet, advanced voice, and Frontier Secure®
digital protection solutions. Frontier Business offers communications
solutions to small, medium, and enterprise businesses. More information
about Frontier is available at www.frontier.com.
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Frontier Communications Corporation
Investors:
Luke
Szymczak, 203-614-5044
VP, Investor Relations
luke.szymczak@ftr.com
or
Media:
Brigid
Smith, 203-614-5042
AVP, Corporate Communications
brigid.smith@ftr.com
Source: Frontier Communications Corporation