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IDT Corporation Announces Quarterly Dividend

The Board of Directors of IDT Corporation (NYSE: IDT) yesterday declared
a $0.23 per share dividend for the fourth quarter of IDT’s 2011 fiscal

The dividend will be payable October 12, 2011 to stockholders of record
of Class A Common Stock and Class B Common Stock as of the close of
business on October 3, 2011.

“IDT’s Board is committed to continuing dividends commensurate with our
financial results, available resources and strategic goals,” commented
IDT’s Chairman and CEO, Howard Jonas.

For its full fiscal year 2011, IDT has declared dividends of $0.90 per

In this press release, all statements that are not purely about
historical facts, including, but not limited to, those in which we use
the words “believe,” “anticipate,” “expect,” “plan,” “intend,”
“estimate, “target” and similar expressions, are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995.
While these forward-looking statements
represent our current judgment of what may happen in the future, actual
results may differ materially from the results expressed or implied by
these statements due to numerous important factors, including, but not
limited to, those described in our most recent report on SEC Form 10-K
(under the headings “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations”), which may
be revised or supplemented in subsequent reports on SEC Forms 10-Q and
We are under no obligation, and expressly disclaim any
obligation, to update the forward-looking statements in this press
release, whether as a result of new information, future events or

About IDT Corporation:

(NYSE:IDT) is a consumer services company with
operations primarily in the telecommunications and energy industries.
Find out more at

Investor Relations
IDT Corporation
Bill Ulrey, 973-438-3838