Frontier Communications Corporation (NASDAQ:FTR) board of directors has declared a regular quarterly cash dividend on its 11.125% Mandatory Convertible Preferred Stock, Series A, of USD 2.78125 per share, the company said.
The dividend is payable on March 31, 2017 to holders of record at the close of business on March 15, 2017.
The board of directors also has declared a regular quarterly cash dividend of USD 0.105 per share of common stock, payable on March 31, 2017 to holders of record at the close of business on March 15, 2017.
Frontier Communications Corporation is a leader in providing communications services to urban, suburban, and rural communities in 29 states. The company 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´s video offerings include Frontier FiOS and Vantage TV by Frontier with 100 percent HD picture quality, Total Home DVR, instant channel change, enhanced search, Video on Demand, and much more. Business Edge offers communications solutions to small, medium, and enterprise businesses.