NSTAR Declares Common Share and Preferred Stock Dividends
BOSTON-(Business Wire)-September 24, 2009 - NSTAR (NYSE:NST) announced today that its Board of Trustees declared a quarterly dividend of $0.375 per common share. This is NSTAR’s 482nd consecutive dividend, payable November 2, 2009 to shareholders of record October 9, 2009.
Also, the Board of Directors of NSTAR Electric Company, a wholly owned subsidiary of NSTAR, declared the following preferred stock dividends payable November 2, 2009 to holders of record October 9, 2009:
- A quarterly dividend of $1.0625 per share on NSTAR Electric’s cumulative preferred stock, 4.25% series; and
- A quarterly dividend of $1.195 per share on NSTAR Electric’s cumulative preferred stock, 4.78% series.
Profile
NSTAR, headquartered in Boston, is an energy delivery company with annual revenues of approximately $3.4 billion and assets of $8.1 billion that serves 1.4 million customers in Massachusetts, including approximately 1.1 million electric distribution customers in 81 communities and 300,000 natural gas distribution customers in 51 communities. NSTAR also conducts non-utility, unregulated operations. For more information, go to www.nstar.com.
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