LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. said it would make its first dividend payment on its 7.5-percent series B convertible preferred stock Feb. 2 to stockholders of record Jan. 21. The carrier said the payment would be made at an annual rate of 7.5 percent of the $250 per share liquidation preference, in respect to the period from the issue date to Jan. 31.
Alamosa added that through July 31, 2008, it has the options to pay dividends in cash, shares of its series C convertible preferred stock, shares of its common stock or any combination thereof.
