ATN Increases Dividend 15% as Part of Disciplined Capital Allocation Strategy

Rhea-AI Summary

ATN International (ATNI) has announced a 15% increase in its quarterly dividend to $0.275 per share, payable on July 7, 2025, to stockholders of record as of June 30, 2025. CEO Brad Martin attributed the dividend hike to the company's strong financial position and future cash flow prospects. The increase aligns with ATN's strategy of monetizing recent investments made during a three-year strategic capital spending cycle, while maintaining focus on cost management and efficiency initiatives. This move demonstrates the company's commitment to disciplined capital allocation and long-term shareholder value creation.

Positive

• 15% increase in quarterly dividend to $0.275 per share
• Strong financial position and positive future cash flow outlook
• Completion of three-year strategic capital investment cycle
• Ongoing cost management and efficiency initiatives in place

Negative

• None.

BEVERLY, Mass., June 20, 2025 (GLOBE NEWSWIRE) -- ATN International, Inc. (Nasdaq: ATNI) announced that its Board of Directors has approved a quarterly dividend increase of 15% to $0.275 per share. The quarterly dividend will be payable on July 7, 2025, on all common shares outstanding to stockholders of record as of June 30, 2025.

“The Board’s decision to increase the dividend at this time reflects our confidence in the company’s financial strength and future cash flow generation,” said Brad Martin, ATN’s Chief Executive Officer. “As we move forward, we remain focused on monetizing the investments made during our recent three-year strategic capital spending cycle, supported by ongoing cost management and efficiency initiatives. These efforts reinforce our commitment to disciplined capital allocation and our confidence in delivering sustained long-term value to our shareholders.”

About ATN

ATN International, Inc. (Nasdaq: ATNI), headquartered in Beverly, Massachusetts, is a provider of digital infrastructure and communications services in the United States and internationally, including the Caribbean region, with a focus on rural and remote markets with a growing demand for infrastructure investments. The Company’s operating subsidiaries today primarily provide: (i) advanced wireless and wireline connectivity to residential, business and government customers, including a range of high-speed Internet and data services, fixed and mobile wireless solutions, and video and voice services; and (ii) carrier and enterprise communications services, such as terrestrial and submarine fiber optic transport, and communications tower facilities. For more information, please visit www.atni.com.

Contact:		ATN International, Inc.
		Michele Satrowsky
		Vice President,
		Corporate Treasurer
		978-619-1300

Source: ATN International, Inc.

FAQ

What is the new dividend amount for ATN International (ATNI) stock?

ATN International's new quarterly dividend is $0.275 per share, representing a 15% increase from the previous dividend amount.

When is ATN International's (ATNI) next dividend payment date?

ATN International's next dividend payment date is July 7, 2025, for stockholders of record as of June 30, 2025.

Why did ATN International (ATNI) increase its dividend?

ATN increased its dividend due to confidence in the company's financial strength, future cash flow generation, and successful completion of its strategic capital spending cycle.

What is ATN International's (ATNI) capital allocation strategy?

ATN's capital allocation strategy focuses on monetizing investments from its three-year strategic spending cycle while maintaining cost management and efficiency initiatives to deliver long-term shareholder value.