BELLSOUTH CORPORATION
27 September 1999
Contact: Jeff Battcher, 404-713-0274
Pattie Thompson, 404-249-2365
BellSouth Board Declares Quarterly Dividend
63rd Consecutive Quarterly Dividend Shows Strength
ATLANTA - The board of Directors of BellSouth Corporation (NYSE:BLS), one of the
most widely-held companies in the nation, declared today a regular quarterly
dividend of $0.19 per common share.
The dividend is payable November 1, 1999 to shareholders of record on October 7,
1999.
Consistent Record Shows Strength
This is the 63rd consecutive quarterly dividend declared by BellSouth since its
formation in 1984. As of July 31, the company has approximately 1.9 billion
shares outstanding in nearly one million registered shareholder accounts.
Effective with the February 1, 1999 payment, BellSouth raised the quarterly cash
dividend 5.6 percent, from $0.18 to $0.19 per common share.
BellSouth is a $24 billion communications services company. It provides
telecommunications, wireless communications, cable and digital TV, advertising
and publishing, and Internet and data services to more than 35 million customers
in 19 countries worldwide.
NOTE: For more information about BellSouth corporation, visit the BellSouth Web
page at http://www.bellsouth.com. BellSouth news releases dating back one year
are available by fax at no charge by callinhg 1-800-758-5804, ext. 095650.
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