Cleco Corporation Declares Regular Common and Preferred Dividends.PINEVILLE, La. -- The Board of Directors of Cleco Corporation (NYSE NYSE See: New York Stock Exchange :CNL CNL CityNightLine (German Rail) CNL Cancel CNL Clinical Nurse Leader Cnl Colonel CNL Center for Naval Leadership CNL Compensated Neutron Log (oil industry) ) today declared regular quarterly dividends on the Company's common stock and 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. . Following is a summary of dividend payments, as declared: Dividend Record Payment Class of Stock Declared Date Date -------------------- -------- ----------------- ----------------- Common Stock $0.225 October 31, 2005 November 15, 2005 4.5% Preferred Stock $1.125 November 15, 2005 December 1, 2005 Dividends also were declared on preferred stock held in the Company's Employee Stock Ownership Plan. The Company has a dividend reinvestment plan Dividend Reinvestment Plan (DRP) Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. which allows dividends on its common and preferred stock to be reinvested in additional shares of common stock at market price. Brokerage commissions and administrative fees are incurred on dividend purchases. Cleco Corp. is a regional energy provider headquartered in Pineville, La. It operates a regulated electric utility company that serves about 265,000 customers across Louisiana Louisiana (ləwē'zēăn`ə, l  ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. . Cleco also operates a
wholesale energy business that has approximately 1,400 megawatts of
generating capacity. For more information about Cleco, visit
www.cleco.com.
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