Niagara Mohawk Power Corporation Declares Preferred Stock Dividends
Business Wire
Oct 22, 2009
Niagara Mohawk Power Corp., a subsidiary of National Grid plc (NYSE:
NGG), announced that its Board of Directors has declared dividends at
the following rates for all series of its preferred stock.
.85% of $100 par value on the 3.40% Series;
.90% of $100 par value on the 3.60% Series;
.975% of $100 par value on the 3.90% Series;
Preferred stock dividends are payable December 31, 2009, to holders of
record December 8, 2009.
Niagara Mohawk Power Corp., doing business as National Grid, provides
electricity service to approximately 1.5 million customers and natural
gas service to approximately 565,000 customers in upstate New York. The
company is based in Syracuse, N.Y. Its parent company also has
electricity and gas distribution operations in New England.
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