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AGL Resources Declares Quarterly Dividend.


Business Editors

ATLANTA--(BUSINESS WIRE)--Oct. 24, 2002

The board of directors of AGL Resources (NYSE NYSE

See: New York Stock Exchange
: ATG ATG antithymocyte globulin.
lymphocyte immune globulin (antithymocyte globulin equine, ATG, ATG equine, LIG)

Atgam

Pharmacologic class: Immunoglobulin

Therapeutic class: Immunosuppressant
) on Wednesday, October 23, 2002, declared a quarterly dividend of 27 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
 on the company's common stock.

Payment will be made December 1, 2002, to shareholders of record on November 15, 2002.

The dividend, which remains unchanged from the previous quarter, equates to $1.08 per share on an annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 basis. The dividend payment marks the 220th consecutive quarter in which AGL Resources has paid dividends to its shareholders.

AGL Resources Inc. (NYSE: ATG) is an Atlanta-based energy services holding company. Nearly 2 million natural gas customers are served through subsidiaries Atlanta Gas Light Atlanta Gas Light Company (AGLC), commonly known as Atlanta Gas Light, is the largest natural gas wholesaler in the Southeast U.S., and is the AGL in AGL Resources. It was founded in 1856 and is headquartered in Atlanta, as is AGL Resources.  Company, Virginia Natural Gas and Chattanooga Gas Company. Houston-based subsidiary Sequent Energy Management provides asset management services, including the wholesale trading, marketing, gathering and transportation of natural gas. As a member of the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL Networks, the company's telecommunications subsidiary, owns and operates a fiber optic network in Atlanta. For more information, visit www.aglresources.com.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 24, 2002
Words:185
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