Pegasus Declares Dividend - Multichannel

Pegasus Declares Dividend

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It’s share and share alike at Pegasus Communications Corp.

The company said Monday that its board authorized the payment of a dividend consisting of one share of its nonvoting common stock for every share of its class-A common stock and class-B common stock.

The date of record for the dividend is Nov. 24, and the payment date will be the later of the first business day following its annual meeting -- set for Dec. 1 -- or the third business day following the approval for listing of its nonvoting common stock, par value $0.01 per share, on the NASDAQ National Market.

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