Shenandoah Telecommunications Company Announces 2025 Annual Dividend

Rhea-AI Summary

Shenandoah Telecommunications Company (NASDAQ: SHEN) announced a cash dividend of $0.11 per share, payable December 1, 2025 to shareholders of record at the close of business on November 7, 2025.

The increase is $0.01 per share or 10.0% versus the December 2024 dividend and marks Shentel’s sixty-sixth consecutive year of annual dividends. Management attributed the increase to the strong performance of its Glo Fiber business and expressed continued confidence in future growth.

Positive

• Dividend raised to $0.11 per share
• Increase of $0.01 per share (+10.0%) year-over-year
• 66th consecutive year of annual dividends
• Payable December 1, 2025; record date November 7, 2025

Negative

• None.

EDINBURG, Va., Oct. 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) declared a cash dividend of $0.11 per share.

The dividend will be payable December 1, 2025, to shareholders of record as of the close of business on November 7, 2025. This dividend is an increase of $0.01 per share or 10.0% over the December 2024 dividend and will be Shentel’s sixty-sixth consecutive year of annual dividends.

“We remain committed to delivering value to our shareholders, and we are pleased to announce an increase in our annual dividend,” said Shentel President and CEO, Ed McKay. “This increase reflects the strong performance of our Glo Fiber business and our continued confidence in future growth.”

About Shenandoah Telecommunications

Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. The Company’s services include: broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 17,700 route miles of fiber. For more information, please visit www.shentel.com.

This release contains forward-looking statements and projections about Shentel regarding, among other things, its business strategy, its prospects and its financial position. These statements can be identified by the use of forward-looking terminology such as “believes,” “estimates,” “expects,” “intends,” “may,” “will,” “plans,” “should,” “could,” or “anticipates” or the negative or other variation of these or similar words, or by discussions of strategy or risks and uncertainties. The forward-looking statements are based upon management’s beliefs, assumptions and current expectations and may include comments as to Shentel’s beliefs and expectations as to future events and trends affecting its business that are necessarily subject to uncertainties, many of which are outside Shentel’s control. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as, a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved, and actual results may differ materially from those contained in or implied by the forward-looking statements as a result of various factors. A discussion of other factors that may cause actual results to differ from management’s projections, forecasts, estimates and expectations is available in Shentel’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Reports on Form 10-Q. Those factors may include, among others, changes in overall economic conditions including rising inflation, changes in tariffs, new or changing regulatory requirements, disruption and uncertainty caused by a U.S. government shutdown, including uncertainty regarding the timing of federal funding and grant payments, changes in technologies, changes in competition, changing demand for our products and services, our ability to execute our business strategies, availability of labor resources and capital, natural disasters, pandemics and outbreaks of contagious diseases and other adverse public health developments, such as COVID-19, and other conditions. The forward-looking statements included are made only as of the date of the statement. Shentel undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events, except as required by law.

CONTACT:
Shenandoah Telecommunications Company
Lucas Binder
VP Corporate Finance
540-984-4800

FAQ

What dividend did Shenandoah Telecommunications Company (SHEN) declare for 2025?

The board declared a cash dividend of $0.11 per share for 2025.

When is the SHEN dividend payable and what is the record date?

The dividend is payable December 1, 2025 to shareholders of record as of November 7, 2025.

How much did the SHEN annual dividend increase compared with December 2024?

The dividend increased by $0.01 per share, a 10.0% rise over December 2024.

How many consecutive years has SHEN paid an annual dividend as of 2025?

2025 marks Shentel’s sixty-sixth consecutive year of annual dividends.

What reason did SHEN management give for the 2025 dividend increase?

Management cited the strong performance of its Glo Fiber business and confidence in future growth.

Does the SHEN press release specify any change to the company’s dividend policy?

No change to dividend policy was specified; the release announced a $0.11 per share cash dividend for 2025.