Dayton Power and Light Co. declares quarterly dividends.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)--Sept. 24, 1996--The board of directors of the Dayton Power and Light Co. today declared quarterly dividends on the Dayton Power and Light Co. 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: -0-
$.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 Dec. 1, 1996 to holders of record on Nov. 14, 1996. CONTACT: Dayton Power and Light Co., Dayton 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. Medialine, 513/224-5940 |
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