The board of directors at Mankato, Minn.-based HickoryTech Corp., a provider serving residential and business customers in the upper Midwest, have a approved a quarterly dividend of $0.14 per share of HickoryTech common stock, representing a 4 percent increase from the previous $0.135 per share dividend. It’s payable on Dec. 5 to shareholders of record on Nov. 15.
HickoryTech, which last increased its quarterly dividend a year ago, has been paying cash dividends for more than 60 years.
Earlier this year, the company named sales and operations veteran Carol Wirsbinski as its new chief operating officer. She was also named as a corporate officer and vice president of HickoryTech.
HickoryTech has 460 employees and an expanded, multi-state fiber network spanning more than 2,750 route miles serving Minnesota, Iowa, North Dakota and South Dakota.