News Details

Windstream Declares Quarterly Dividend of 25 Cents Per Share

August 5, 2009

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.