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Boston Edison Declares Preferred Stock Dividends.


BOSTON--(BUSINESS WIRE)--Dec. 17, 1998--Boston Edison Company, a wholly-owned subsidiary of BEC BEc - Bachelor of Economics
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 Energy, announced today that its Board of Directors voted the following preferred stock dividends payable
Dividends payable
The declared dividend dollar amount that a company is obligated to pay.
 February 1, 1999 to holders of record January 8, 1999:

-- A quarterly dividend of $1.0625 per share on the company's cumulative preferred stock
Cumulative preferred stock
Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock.
, 4.25% series;

-- A quarterly dividend of $1.195 per share on the company's cumulative preferred stock, 4.78% series; and

-- A quarterly dividend of $2.00 per share on the company's cumulative preferred stock, 8.00% series.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 17, 1998
Words:90
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