News Business Sports Entertainment Life Obituaries Opinion
Jobs Homes Cars Classifieds Shopping

Search PB Blogs



« zpizza's Roch. deal = "almost done" | Main | Chester's Q & A excerpt »

July 30, 2007

Hiawatha Broadband + 1st dividend

This strikes me as interesting.

Winona-based Hiawatha Broadband Communications Inc. announced Friday that it is is issuing the first dividend in its 10 year history.

It is a half-cent per share dividend to be paid Aug. 20.

HBC offers cable television, video production, Internet and telephone services in Winona, St. Charles and Wabasha. It is privately held with 24.6 million shares of stock being held.

Bob Kierlin, the founder of Fastenal and long-time state lawmaker, is the chairman of its board.

I'll have more on this soon.


TrackBack URL for this entry:

Listed below are links to weblogs that reference Hiawatha Broadband + 1st dividend:


Feed You can follow this conversation by subscribing to the comment feed for this post.

A number of years back HBC wanted to come to Rochester. Our City Counsel thought it would be best to decline their request though. For some reason the counsel thought that providing Charter with a monopoly servers Rochesters citizens best. Or at least for the 10 year exclusive agreement the city signed with Charter to be the sole cable provider in the city....

Charter offers fair prices despite no competition...don't you know that?

The competition for cable is satellite. That's why the cable companies got the assinine "no compete" section added in the satellite comm act.

The comments to this entry are closed.