TMCnet News
IDT Corporation Declares Fourth Quarter Dividend of $0.17NEWARK, N.J. --(Business Wire)-- The Board of Directors of IDT Corporation (NYSE:IDT) today declared a quarterly dividend of $0.17 per share of Class A and Class B common stock for the fourth quarter of its fiscal year 2014. The dividend will be paid on or about October 3, 2014 to stockholders of record as of the close of business on September 29, 2014. The ex-dividend date will be September 25, 2014. The distribution will be treated as an ordinary dividend for tax purposes. About IDT Corporation: IDT Corporation/a> (NYSE: IDT), through its IDT Telecom division, provides retail telecommunications and payment services to help immigrants and the under-banked to conveniently and inexpensively communicate and share resources around the world. IDT Telecom's wholesale business is a leading global carrier of international long distance voice calls. IDT also holds majority interests in two early-stage technology companies focused on high growth industries: Zedge (www.zedge.net), a mobile content discovery and acquisition platform, includes one of the most popular Apps for Android (News - Alert) and iOS; Fabrix Systems (www.fabrixsystems.com), a cloud based scale out storage and computing platform, provides a scalable solution optimized for media and big data processing and delivery. For more information, visit www.idt.net.
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