MANKATO, Minn., May 18, 2010— HickoryTech Corporation (Nasdaq: HTCO) announced today that its Board of Directors has declared a quarterly dividend of 13 cents per share of HickoryTech common stock. The dividend is payable on Sept. 5, 2010 to shareholders of record at the close of business on Aug. 15, 2010. HickoryTech has a long tradition of paying a cash dividend that spans more than 60 years.
HickoryTech Corporation (dba HickoryTech and Enventis) is a leading integrated communications provider in the markets it serves. With headquarters in Mankato, Minn., the corporation has approximately 450 employees and a regional fiber network with facilities-based operations in Minnesota and Iowa. Enventis serves businesses of all sizes across a five-state region with IP-based voice, data and network solutions. HickoryTech provides bundled residential and business services including high-speed Internet, Digital TV and voice services in its legacy telecom markets. The Company trades on the Nasdaq Stock Exchange, symbol: HTCO, and is a member of the Russell 2000 index. For more information, visit www.hickorytech.com.
The press release may contain forward-looking statements that are not based on historical facts. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, events or developments to be materially different from future results, events or developments described in the forward-looking statements. Such factors include those risks described in HickoryTech’s Form 10-K on file with the SEC. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. HickoryTech undertakes no obligation to update any of its forward-looking statements, except as required by federal securities laws.