Shenandoah boosts dividend 11.1% over December 2023 dividend

The Board of Directors of Shenandoah (SHEN) Telecommunications Company or Shentel declared a cash dividend of 10c per share.The dividend will be payable December 2, to shareholders of record as of the close of business on November 5. This dividend is an increase of 1c per share or 11.1% over the December 2023 dividend and will be Shentel’s sixty-fifth consecutive year of annual dividends.”We are pleased to announce an increase in the annual dividend, demonstrating our confidence in the long-term growth prospects of our Glo Fiber expansion plans.” said President and CEO Christopher E. French.