BAY STATE GAS DECLARES REGULAR DIVIDENDS.WESTBOROUGH, Mass.--(BUSINESS WIRE)--July 27, 1995-- The directors of Bay State Gas Company (NYSE NYSE See: New York Stock Exchange :BGC BGC General Cable Corporation (stock symbol) BGC Billy Graham Center BGC Baptist General Conference (formerly Swedish Baptist Denomination) BGC Boys & Girls Club BGC Bubblegum Crisis ) today declared a regular quarterly dividend of $.375 per common share payable September 1, 1995 to shareholders of record on August 18, 1995. The board also declared regular quarterly dividends today on the company's cumulative preferred stocks Cumulative preferred stock Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. , all payable, October 1, 1995 to shareholders of record on September 15, 1995.
Series Par Amount
Value Per Share
$3.80 $50 $0.95 5 5/8% $50 $0.70 $3.25 $50 $0.8125 7.2% $50 $0.90 4.70% $100 $1.18 5% $100 $1.25 Bay State Gas Company is New England's largest independent natural gas distributor, serving about 288,000 customers in Massachusetts and, through its Northern Utilities, Inc. subsidiary, New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). and Maine. Another subsidiary, Granite State Gas Transmission, Inc. owns and operates interstate gas pipelines in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. . The company also markets retail propane propane, CH3CH2CH3, colorless, gaseous alkane. It is readily liquefied by compression and cooling. It melts at −189.9°C; and boils at −42.2°C;. within the region and is an equity investor in MASSPOWER, an electric generation facility. CONTACT: Bay State Gas Company, Westborough Carol Churchill, (508) 836-7370 |
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