Key Developments For Otelco Inc.
Otelco Inc. (OTT.O) (Consolidated Issue listed on NASDAQ Global Market)
Otelco, Inc. Declares Distribution Payment To IDS Holders
Otelco, Inc. announced that its Board of Directors has declared a distribution of $0.42 per Income Deposit Security (each an IDS), which will be made on December 30, 2009 to holders of record at the close of business on December 15, 2009. The distribution consists of a dividend of $0.17625 per share of Class A common stock and an interest payment on the senior subordinated notes for the period from September 30, 2009 through December 29, 2009 of $0.24375 per note.
Otelco, Inc. Declares Distribution Payment To IDS Holders
Otelco Inc announced that its Board of Directors has declared a distribution of $0.42 per Income Deposit Security (each an IDS), which will be made on September 30, 2009 to holders of record at the close of business on September 15, 2009. Each IDS is comprised of one share of Class A Common Stock and $7.50 principal amount of 13% senior subordinated notes due 2019. The distribution consists of a dividend of $0.17625 per share of Class A common stock and an interest payment on the senior subordinated notes for the period from June 30, 2009 through September 29, 2009 of $0.24375 per note.
Otelco, Inc. Declares Distribution Payment To IDS Holders
Otelco, Inc. announced that its Board of Directors has declared a distribution of $0.42 per Income Deposit Security (each an IDS), which will be made on June 30, 2009 to holders of record at the close of business on June 15, 2009. Each IDS is comprised of one share of Class A Common Stock and $7.50 principal amount of 13% senior subordinated notes due 2019. The distribution consists of a dividend of $0.17625 per share of Class A common stock and an interest payment on the senior subordinated notes for the period from March 30, 2009 through June 29, 2009 of $0.24375 per note.
Otelco, Inc. Declares Distribution Payment To IDS Holders
Otelco, Inc. announced that its Board of Directors has declared a distribution of $0.42 per Income Deposit Security (each an IDS), which will be made on March 30, 2009 to holders of record at the close of business on March 13, 2009, not March 16, 2009 as noted in the the Company earnings release dated February 17, 2009.
Otelco, Inc. Declares Distribution Payment To IDS Holders
Otelco, Inc. announced that its Board of Directors has declared a distribution of $0.42 per Income Deposit Security (each an IDS), which will be made on December 30, 2008 to holders of record at the close of business on December 15, 2008.
