DPL Inc. declares dividend.DAYTON Dayton, city (1990 pop. 182,044), seat of Montgomery co., SW Ohio, on the Great Miami River where it is joined by the Stillwater River; inc. 1805. It is the trade center for a fertile farm area, but is best known for its involvement with industry, invention, and , Ohio--(BUSINESS WIRE)--Feb. 4, 1997--The board of directors of 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. today approved a quarterly increase in the common share dividend rate to 34 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. . This action increases the annual rate by six cents to $1.36 per share, from $1.30 per share paid in 1996. The quarterly dividend is payable March 1, 1997 to shareholders of record on Feb. 14, 1997. Peter H. Forster For·ster , E(dward) M(organ) 1879-1970. British writer whose novels, such as A Room with a View (1908) and Howards End (1910), explore the emotional and moral shortcomings of England's upper classes. , chairman of DPL Inc., said, "Today's dividend action represents the tenth Tenth can mean: In mathematics:
"Our continued focus on the fundamentals of our industry will serve to make 1997 another successful year," Forster added. "We look forward to continuing to work hard to provide our shareholders with a current and total return on investment that is competitive in today's financial environment." DPL Inc. is a holding company whose principal subsidiary is the Dayton Power and Light Company, an electric and natural gas utility serving 24 counties in West Central Ohio. CONTACT: DPL Inc., Dayton DPL Medialine, 937/224-5940 |
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