Home | Business News | Browse by Publication | M | M2 Presswire

Nortel Networks declares preferred share dividends.

Publication: M2 Presswire
Publication Date: 30-JAN-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 January 2004-NORTEL NETWORKS: Nortel Networks declares preferred share dividends(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:01292004

TORONTO -- The board of directors of Nortel Networks* Limited declared a dividend on each of the outstanding Cumulative Redeemable Class A Preferred Shares Series 5 [TSX: NTL.PR.F] and the outstanding Non-cumulative Redeemable Class A Preferred Shares Series 7 [TSX: NTL.PR.G]. The dividend amount for each series is calculated in accordance with the terms and conditions applicable to each respective series, as set out in the Company's articles. The annual dividend rate for each series floats in relation to changes in the average of the prime rate of Royal Bank of Canada and The Toronto-Dominion Bank during the preceding month ("Prime") and is adjusted upwards or...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from M2 Presswire
Software vendors demonstrate interoperability of geospatial software t..., January 30, 2004
Delta Air Lines and EarthLink expand marketing partnership; SkyMiles m..., January 30, 2004
DoD identifies Army casualties., January 30, 2004
InvestSource AM Alerts: WLFI, DCLK, ARBA, AVR, CIO., January 30, 2004
InvestSource AM Alerts: ELIN, WAT, FDRY, AMKR, TBX., January 30, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.