HickoryTech Corporation (Nasdaq: HTCO) announced today that its board of directors has declared a regular quarterly dividend of 12 cents per share, payable June 5, 2006 to shareholders of record May 15, 2006. The company has a long history of paying quarterly cash dividends. HickoryTech Corporation has total assets of $223.3 million and operates a telecommunications business with operations in Minnesota and Iowa.
HickoryTech Corporation is a diversified communications company headquartered in Mankato, Minn., with approximately 460 employees. In its 109th year of operation, HickoryTech offers a full array of telecommunications products and services to business and residential customers. The Telecom Sector offers local voice, long distance, Internet, Broadband services, Digital TV, and IP networking. The Enterprise Solutions Sector provides IP Telephony, call center management, and data network solutions. The Enventis Telecom Sector provides IP-based voice and data services and network solutions on a state wide SONET-based network. The Information Solutions Sector develops telecom and carrier access billing solutions. To learn more about HickoryTech Corporation, visit the company’s Web site at http://www.HickoryTech.com .