Bell Atlantic Declares Quarterly Dividend
November 26, 1996
PHILADELPHIA -- The board of directors of Bell Atlantic
BEL) today declared a quarterly dividend of $.72 per share on the
company's outstanding common shares.
The amount of the payment is the same as in the previous quarter and
2.9 percent higher than in the same quarter a year ago. Since the
company was formed in 1984, Bell Atlantic has paid 52 consecutive
quarterly dividends, with 12 consecutive annual increases.
The dividend is payable on February 3, 1997, to shareowners of record
on January 10, 1997. Bell Atlantic has approximately 900,000
registered shareowners and approximately 438 million shares of common
Bell Atlantic Corporation (NYSE:
BEL) is at the forefront of the new
communications, entertainment and information industry. In the
mid-Atlantic region, the company is the premier provider of local
telecommunications and advanced services. Globally, it is one of the
largest investors in the high-growth wireless communication
marketplace. Bell Atlantic also owns a substantial interest in
Telecom Corporation of New Zealand and is actively developing
high-growth national and international business opportunities in all
phases of the industry.