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Short Take: Ameritech boosts annual dividend

Ameritech's board of directors raised the company's annual dividend to $1.27 from $1.20. The move comes just a week after shareholders approved the company's merger with SBC Communications, a deal that has yet to be approved by federal regulators.

Ameritech's board of directors raised the company's annual dividend to $1.27 from $1.20. The move comes just a week after shareholders approved the company's merger with SBC Communications, a deal that has yet to be approved by federal regulators.