LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. has set its dividend, record and ex-dividend dates for its 7.5-percent series B convertible preferred stock.
The record date for the second dividend payment on the stock is April 19. The dividend will be payable April 30 at a rate of 7.5 percent of the $250 per share liquidation preference for the period from Feb. 1 through April 30. The ex-dividend date will be April 15.
In addition, through July 31, 2008, Alamosa has the option to pay dividends on the stock, and the board of directors has elected to pay the full amount in cash.