Dayton Power and Light Company 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)--June 22, 1999-- 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: -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 September September: see month. 1, 1999 to holders of record on August 16, 1999. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion