Aquila Declares Quarterly Dividend.Business Editors KANSAS CITY, Mo.--(BUSINESS WIRE)--Aug. 7, 2002 The Board of Directors of Aquila, Inc. (NYSE NYSE See: New York Stock Exchange :ILA ILA abbr. insulinlike activity ) today declared the regular quarterly cash dividend on common stock of $.175 per share. The dividend is payable on September 12, 2002, to shareholders of record on August 22, 2002. Aquila announced on June 17 that it was reducing the 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. dividend rate from $1.20 to $.70 per share as part of a comprehensive strategic and financial repositioning in response to significant changes in the energy and capital markets. Aquila common stock is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Pacific and Toronto stock exchanges. Based in Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. , Aquila operates electricity and natural gas distribution networks serving more than six million customers in seven states and in Canada, the United Kingdom, New Zealand and Australia. The company also owns and operates power generation and mid-stream natural gas assets. More information is available at www.aquila.com. |
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