MANKATO, Minn., Sept. 26, 2011 — HickoryTech Corporation (NASDAQ:HTCO, news, filings) today announced that its Board of Directors voted to declare a quarterly dividend of $0.14 per share of HickoryTech common stock, representing a 4 percent increase from the previous $0.135 per share dividend. The $0.14 dividend is payable on Dec. 5, 2011 to shareholders of record on Nov. 15, 2011.
HickoryTech has a long history of paying a cash dividend to shareholders that spans more than 60 years. The company last increased its quarterly dividend one year ago.
About HickoryTech
HickoryTech Corporation is a leading communications provider serving business and residential customers in the upper Midwest. With headquarters in Mankato, Minn., the corporation has 460 employees and an expanded, multi-state fiber network spanning more than 2,750 route miles serving Minnesota, Iowa, North Dakota and South Dakota. Enventis provides IP-based voice and data solutions, MPLS networking, data center and managed hosted services and communication systems to businesses across a five-state region. HickoryTech delivers broadband Internet, Digital TV, voice and data services to businesses and consumers in southern Minnesota and northwest Iowa. HickoryTech trades on the NASDAQ, symbol: HTCO, and is a member of the Russell 2000 Index. For more information, visit www.hickorytech.com.
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