DP&L Declares Quarterly Preferred Dividends.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--April 11, 2001 The Board of Directors of The Dayton Power and Light Company 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 June 1, 2001 to holders of record on May 15, 2001. 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. Inc. is a diversified diversified (di·verˑ·s regional merchant energy company. DPL's principal subsidiaries include DPL Energy and The Dayton Power and Light Company ("DP&L"). DPL Energy operates 3,500 megawatts of generation capacity and markets wholesale energy throughout the eastern half of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . DP&L provides electric services to 500,000 retail customers in West Central Ohio. DPL Inc., through its subsidiaries, has ranked among the top ten energy companies in generation efficiency and productivity for the last ten years. Further information on DPL Inc. can be found at www.dplinc.com. |
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