North Pittsburgh Systems, Inc. Reports Special Dividend Declaration
22 April 2006 - 4:53AM
Business Wire
North Pittsburgh Systems, Inc. (NASDAQ:NPSI) announced that a
special common stock dividend of $1.00 per share has been declared,
payable on May 15, 2006 to shareholders of record on May 1, 2006.
The special dividend, in commemoration of the Company's centennial
birthday, represents one cent per share for each of the 100 years
of the Company's existence. The Company has paid dividends at least
annually since 1932 and the Special 100 Year Birthday Dividend is
another demonstration of its commitment to its shareholders,
customers, the communities it serves and employees. North
Pittsburgh Systems, Inc. has total assets of $156 million and
operates a telecommunications business in Western Pennsylvania
providing competitive and local exchange services, long distance
and Internet services through its subsidiaries, North Pittsburgh
Telephone Company, Penn Telecom, Inc. and Pinnatech, Inc.
(Nauticom).
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