Allegheny Energy, Inc. and Subsidiary Declare Quarterly Dividends.Business Editors HAGERSTOWN Hagerstown (hā`gərztoun'), city (1990 pop. 35,445), seat of Washington co., NW Md., on Antietam Creek near its junction with the Potomac River, in the fertile Cumberland Valley; inc. 1791. , Md.--(BUSINESS WIRE)--Sept. 6, 2002 The Board of Directors of Allegheny Energy Allegheny Energy (NYSE: AYE) is a traditional public utility based in the Pittsburgh suburb of Greensburg. It services communities in Western Pennsylvania, Western Maryland, Northern West Virginia, Northwest Virginia. , Inc. (NYSE NYSE See: New York Stock Exchange : AYE AYE Allegheny Energy, Inc. (stock symbol) AYE Ayer Rajah Expressway AYE Amplifying Your Effectiveness (conference) ) today declared a regular quarterly dividend of 43 cents a share on the common stock, unchanged from the prior quarter. The dividend is payable on September 30, 2002, to shareholders of record at the close of business on September 16, 2002. In addition, the Board of Directors of Monongahela Power Company, a subsidiary of Allegheny Energy, today declared quarterly dividends on all series of its Cumulative Preferred Stock Cumulative preferred stock Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. , payable on November 1, 2002, to shareholders of record at the close of business on October 15, 2002. Preferred Series Declaration ---------------- ----------- 4.40% 1.10% ($1.10 per share) 4.80%, Series B 1.20% ($1.20 per share) 4.50%, Series C 1.125% ($1.125 per share) $6.28, Series D $1.57 ($1.57 per share) $7.73, Series L $1.9325 ($1.9325 per share) |
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