Central Hudson Gas & Electric Declares Preferred Stock Dividend.POUGHKEEPSIE Poughkeepsie (pəkĭp`sē), city (1990 pop. 28,844), seat of Dutchess co., SE N.Y., on the Hudson River; settled 1687 by the Dutch, inc. as a city 1854. , N.Y. -- The Board of Directors of Central Hudson Gas & Electric Corporation, headquartered at 284 South Avenue, Poughkeepsie, 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 , today declared dividends declared dividend A dividend authorized by a firm's board of directors. At the time a dividend is declared, the firm creates a liability for the dividend's payment. of: --$1.08-3/4 per share on its 4.35 percent cumulative preferred stock Cumulative preferred stock Preferred stock whose dividends accrue, should the issuer not make timely dividend payments. Related: Non-cumulative preferred stock. ; --$1.12-1/2 per share on its 4-1/2 percent cumulative preferred stock; --$1.18-3/4 per share on its 4.75 percent cumulative preferred stock; and --$1.24 per share on its 4.96 percent cumulative preferred stock. Each of these dividends will be payable July 3, 2006, to holders of record on June 25, 2006. |
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