CHARLOTTE, N.C., Sept. 7,
2016 /PRNewswire/ -- At its regular quarterly meeting of the
Company's Board of Directors, Piedmont Natural Gas (NYSE: PNY)
today announced the declaration of a dividend on the outstanding
shares of its Common Stock of $0.34
per share, payable on the earlier of the effective date of the
acquisition of Piedmont Natural Gas by Duke Energy Corporation
(Effective Time) and October 14,
2016. This dividend will be payable to holders of record at
the close of business on the earlier of the business day
immediately preceding the Effective Time and September 23, 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 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, 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