AGL Resources Inc. : AGL Resources Board of Directors Increases Dividend
02/07/2012| 02:42pm US/Eastern
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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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