Central Vermont Public Service Declares Preferred Stock Dividend.RUTLAND, Vt. -- On Dec. 4, 2006, the board of directors of Central Vermont Public Service (NYSE NYSE See: New York Stock Exchange : CV) declared dividends 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 $1.03 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, payable Jan. 1, 2007 to stockholders of record at the close of business Dec. 15, 2006. CVPS CVPS Central Vermont Public Service is Vermont's largest electric utility, serving more than 152,000 customers statewide. The company's non-regulated subsidiary, Catamount catamount: see puma. Resources Corporation, sells and rents electric water heaters through a subsidiary, SmartEnergy Water Heating Services. |
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