DP& Declares Quarterly Preferred Dividends.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Feb. 1, 2000 The Board of Directors of The Dayton Power and Light Company (NYSE NYSE See: New York Stock Exchange :DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. ) today declared quarterly dividends on The Dayton Power and Light Company preferred stocks 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. as follows:
$ .9375 per share on the 3.75% Series A, Cumulative
$ .9375 per share on the 3.75% Series B, Cumulative
$ .975 per share on the 3.90% Series C, Cumulative
The preferred dividends preferred dividend n. a payment of a corporation's profits to holders of preferred shares of stock. (See: preferred stock) are payable on March 1, 2000 to holders of record on February 11, 2000. DPL Inc. is a diversified energy company supplying energy services to customers in the Midwest through its subsidiaries, The Dayton Power and Light Company and DPL Energy. |
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