LITTLE ROCK, Ark.--(BUSINESS WIRE)--
Windstream Corporation's (NYSE: WIN) board of directors today declared
regular quarterly dividends on the company's common stock.
The 25-cent dividend is payable Oct. 15, 2009, to stockholders of record
as of Sept. 30, 2009.
In accordance with the terms of the Agreement and Plan of Merger, dated
May 10, 2009, between Windstream and D&E Communications, Inc. ("D&E"),
Windstream and D&E have aligned the record and payment dates for
dividends in Windstream and D&E common stock. This is designed to assure
that D&E shareholders are entitled to either a dividend on D&E common
stock or Windstream common stock, but not both, with respect to the
calendar quarter in which the merger occurs.
About Windstream
Windstream Corporation is an S&P 500 company that provides phone,
high-speed Internet and high-definition digital TV services to customers
in 16 states. The company also offers a wide range of IP-based voice and
data services and advanced phone systems and equipment to businesses and
government agencies. The company has approximately 3 million access
lines and about $3.2 billion in annual revenues. Windstream is ranked
4th in the 2009 BusinessWeek 50 ranking of the best performing U.S.
companies. For more information about Windstream, visit www.windstream.com.