Cleco Corporation Declares Regular Common and Preferred Dividends
January 29 2010 - 12:30PM
Marketwired
The Board of Directors of Cleco Corporation (NYSE: CNL) today
declared regular quarterly dividends on the Company's common stock
and preferred stock. Following is a summary of dividend payments,
as declared:
Dividend
Class of Stock Declared Record Date Payment Date
-------------- -------- ----------- ------------
Common Stock $0.225 February 8, 2010 February 15, 2010
4.5% Preferred
Stock $1.125 February 16, 2010 March 1, 2010
The Company has a dividend reinvestment plan which allows
dividends on its common and preferred stock to be reinvested in
additional shares of common stock at market price. Brokerage
commissions and administrative fees are incurred on dividend
purchases.
Cleco Corp. is a regional energy company headquartered in
Pineville, La. It operates a regulated electric utility company
that serves about 276,000 customers across Louisiana. Cleco also
operates a wholesale energy business with approximately 1,350
megawatts of name plate capacity. For more information about Cleco,
visit www.cleco.com.
Investor Contacts: Cleco Corporation: Russell Davis (318)
484-7501 Shareholder Services: Rodney Hamilton (318) 484-7593 Media
Contact: Fran Phoenix (318) 484-7467
Cleco (NYSE:CNL)
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