PanAmSat Declares First Quarter 2006 Dividend
March 17 2006 - 9:37AM
PR Newswire (US)
WILTON, Conn., March 17 /PRNewswire-FirstCall/ -- PanAmSat Holding
Corporation today announced that its board of directors declared a
quarterly dividend for the period from January 1, 2006 to March 31,
2006, in the amount of $0.42625 per share, payable on or about
April 13, 2006, to stockholders of record as of March 31, 2006.
This is a 10 percent increase over the prior quarterly cash
dividend of $0.3875 per share paid on January 17, 2006. PanAmSat
intends to pay regular quarterly dividends pursuant to its dividend
policy. However, all subsequent dividends will be declared by the
PanAmSat board of directors at its discretion. About PanAmSat
Through its fleet of 23 satellites, PanAmSat (NYSE:PA) is a leading
global provider of video, broadcasting and network distribution and
delivery services. It transmits nearly 2,000 television channels
worldwide and, as such, is the leading carrier of standard and
high-definition signals. In total, the Company's in-orbit fleet is
capable of reaching over 98 percent of the world's population
through cable television systems, broadcast affiliates,
direct-to-home operators, Internet service providers and
telecommunications companies. In addition, PanAmSat supports the
largest concentration of satellite-based business networks in the
U.S., as well as specialized communications services in remote
areas throughout the world. PanAmSatAG. For more information, visit
the Company's web site at http://www.panamsat.com/. DATASOURCE:
PanAmSat Holding Corp. CONTACT: Kathryn Lancioni of PanAmSat
Holding Corp., +1-203-210-8649 Web site: http://www.panamsat.com/
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