CHARLOTTE, N.C., March 6, 2013 /PRNewswire/ -- The Board of
Directors of Piedmont Natural Gas (NYSE: PNY) today approved an
increase in the Company's dividend for the 35th consecutive year.
At its regularly scheduled meeting, the Board declared a quarterly
dividend on Common Stock of 31 cents
per share, up from the previous quarterly dividend of 30 cents per share. The increased dividend is
payable April 15, 2013, to
shareholders of record at the close of business on March 25, 2013. Also, at today's Annual Meeting
of Shareholders, four members of the Board of Directors were
re-elected: Frankie T. Jones, Sr.,
Vicki McElreath, Thomas E. Skains, and Phillip D. Wright.
Conference Call
Piedmont Natural Gas will conduct its 2013 first quarter
conference call, broadcast live over the internet on Thursday, March 7, 2013 at 10:00 a.m. Eastern Time. Hosting the conference
call will be Chairman, President and Chief Executive Officer
Thomas E. Skains. Simply log on to
the web at www.piedmontng.com and click on Investors, then on
Presentations. The conference call will be archived on the
website.
About Piedmont Natural Gas
Piedmont Natural Gas is an energy services company primarily
engaged in the distribution of natural gas to more than one million
residential, commercial, industrial and power generation utility
customers in portions of North
Carolina, South Carolina
and Tennessee, including 52,400
customers served by municipalities who are wholesale customers. Our
subsidiaries are invested in joint venture, energy-related
businesses, including unregulated retail natural gas marketing, and
regulated interstate natural gas transportation and storage and
intrastate natural gas transportation businesses. More information
about Piedmont Natural Gas is available on the Internet at
http://www.piedmontng.com/.
SOURCE Piedmont Natural Gas Company