Warwick Valley Telephone Company (WWVY) is a full service telecommunications company operating in portions of New York New Jersey, offering local, long distance, Internet and video services. March 10th the company increased its quarterly dividend 8% to $0.26/share. The dividend is payable on March 31, 2011 to shareholders of record as of March 21, 2011. The yield based on the new payout is 6.9%.