OKLAHOMA CITY-Dobson Communications Corp. declared an in-kind dividend on its outstanding 13-percent senior exchangeable preferred stock and a cash dividend on its outstanding 12.25-percent senior exchangeable preferred stock.
The company said holders of its 13-percent stock would receive 0.03214 additional shares of stock on May 1 for each share owned at the close of business on April 15. Holders of Dobson’s 12.25-percent stock would receive $30.63 on April 15 for each share owned at the close of business on April 1.
