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4-Traders Homepage  >  Equities  >  Nyse  >  AGL Resources Inc.    GAS

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AGL Resources Inc. : AGL Resources Board of Directors Increases Dividend

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02/07/2012 | 02:42pm EST
AGL Resources Board of Directors Increases Dividend

ATLANTA, Feb 7, 2012 - On February 7, 2012 the Board of Directors of AGL Resources Inc. (NYSE: GAS) approved an increase of $0.04 per share in the annual dividend rate on the company's common stock, to an indicated annual dividend of $1.84 per share. In accordance with the special pro rata dividends announced on December 9, 2011, shareholders of record as of February 17, 2012 will receive a pro rata dividend of $0.36110, accruing from and including December 9, 2011, the effective date of the merger with Nicor Inc., through February 17, 2012. Previously, legacy AGL Resources shareholders of record as of the close of business on December 8, 2011 received a pro rata dividend of $0.09890 for the stub period, accruing from November 19, 2011, which was paid on December 16, 2011 in accordance with the merger agreement.

This dividend payment will mark the 257th consecutive quarterly dividend the company has paid since 1948. 

About AGL Resources

AGL Resources (NYSE: GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services, midstream operations and cargo shipping. As the nation's largest natural gas-only distributor based on customer count, AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves more than one million retail customers through its SouthStar Energy Services joint venture and Nicor National, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management, ownership and operation of natural gas storage facilities, and ownership of Tropical Shipping, one of the largest containerized cargo carriers serving the Bahamas and Caribbean region. AGL Resources is a member of the S&P 500 Index.www.aglresources.com.

Contacts:
Financial
Sarah Stashak
Director - Investor Relations
Office:  404-584-4577
Cell:     404-895-7634
sstashak@aglresources.com

Media
Annette Martinez
Director - External Relations
Office: 630-388-2781 
Cell:     630-918-2321                         
amartinez@aglresources.com


HUG#1583412

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Financials ($)
Sales 2016 -
EBIT 2016 771 M
Net income 2016 353 M
Debt 2016 -
Yield 2016 3,21%
P/E ratio 2016 22,52
P/E ratio 2017 21,21
Capi. / Sales 2016 0
Capi. / Sales 2017 0
Capitalization 7 961 M
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Managers
NameTitle
Andrew W. Evans Chairman, President & Chief Executive Officer
Elizabeth W. Reese Chief Financial Officer & Executive Vice President
Thomas D. Bell Independent Director
Charles R. Crisp Independent Director
Sandra N. Bane Independent Director
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