Central Vermont Declares Dividend on All Series of Preferred Stock.Energy Editors/Business Editors RUTLAND, Vt.--(BUSINESS WIRE)--Aug. 4, 2003 The Board of Directors of Central Vermont Vermont (vərmŏnt`) [Fr.,=green mountain], New England state of the NE United States. It is bordered by New Hampshire, across the Connecticut R. Public Service (NYSE NYSE See: New York Stock Exchange : CV) on August 4, 2003 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. on the outstanding Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. , $100 Par Value, of $1.04 per share on the 4.15% Dividend Series, $1.16 per share on the 4.65% Dividend Series, $1.19 per share on the 4.75% Dividend Series, $1.34375 per share on the 5.375% Dividend Series and $2.075 per share on the 8.30% Dividend Series, are hereby declared payable October 1, 2003 to stockholders of record at the close of business September 15, 2003. |
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