NEW YORK (

TheStreet

) -- The ex-dividend date for

Alaska Communications Systems Group

(Nasdaq:

ALSK

) is tomorrow, March 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $10.86 as of 9:31 a.m. ET, the dividend yield is 8%.

The average volume for Alaska Communications Systems Group has been 579,100 shares per day over the past 30 days. Alaska Communications Systems Group has a market cap of $479.9 million and is part of the

technology

sector and

telecommunications

industry. Shares are down 2.3% year to date as of the close of trading on Friday.

Alaska Communications Systems Group, Inc., through its subsidiaries, provides integrated communications services in the State of Alaska. It operates in two segments, Wireline and Wireless.

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TheStreet Ratings rates Alaska Communications Systems Group as sell. Among the areas we feel are negative, one of the most important has been weak operating cash flow. You can view the full

Alaska Communications Systems Group Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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