Alaska Power & Telephone hikes dividend by 5.1%

On June 6, 2025, Alaska Power & Telephone Co (APTL) announced that it will hike its quarterly dividend by 5.1% to $0.4125 per share. The dividend yield for APTL is high with 3.1%.

Alaska Power & Telephone Co cut its dividend in the previous two years and this small hike brings the dividend yield to 3.1% at a stock price of $53. The next dividend will be paid on July 14, 2025 to shareholders of record on June 30.

Alaska Power & Telephone Company offers broadband, communications, and energy services to rural Alaskan communities. Its three segments—Electric, Telecommunications, and Other—provide hydro and diesel power, local phone service, and Internet. Services include broadband, Wi-Fi, energy programs, long-distance calling, billing support, and more.