Lincoln Telecommunications Co saidits directors voted to increase the quarterly dividend to 58
cts a share from 55 cts payable July 10, record June 30.
    The company also said its board voted a two-for-one stock
split to holders of record July 31.
    Lincoln Telecommunications said during the second quarter
holders of 8.9 mln dlrs of its subordinated convertible notes
had, in response to notice of prpeayment issued by the company,
converted their holdings to 273,844 shares of common stock.
 Reuter
