CHARLOTTE, N.C., March 9, 2016 /PRNewswire/ -- The Board of
Directors of Piedmont Natural Gas (NYSE: PNY) today approved an
increase in the Company's dividend for the 38th consecutive year.
At its regularly scheduled meeting, the Board declared a quarterly
dividend on Common Stock of 34 cents
per share, up 3% from the previous quarterly dividend of
33 cents per share. The increased
dividend is payable April 15, 2016,
to shareholders of record at the close of business on March 25, 2016.
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 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
regulated intrastate natural gas transportation businesses. More
information about Piedmont Natural Gas is available on the Internet
at http://www.piedmontng.com/.
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SOURCE Piedmont Natural Gas