COASTAL'S ANR DECLARES DIVIDEND
COASTAL'S ANR DECLARES DIVIDEND HOUSTON, Nov. 1 /PRNewswire/ -- The board of directors of ANR
Pipeline Company has declared regular quarterly dividends on its publicly held cumulative preferred stock, it was announced today.
The dividends are 66.875 cents per share on the $2.675 series and 53 cents per share on the $2.12 series. The dividends on each series are payable Dec. 1, 1991, to stockholders of record at the close of business on Nov. 15. ANR Pipeline Company, a Detroit-based subsidiary of the Coastal Corporation (NYSE: CGP), operates a 12,395-mile interstate natural gas pipeline system that serves 51 local distribution companies in nine Midwestern states and provides transportation services for pipelines, end-users and other customers in 15 states. The Coastal Corporation is a Houston-based holding company. Coastal has consolidated assets of $9 billion and subsidiary operations in natural gas transmission and storage, refining and marketing, oil and gas exploration and production, coal, chemicals, trucking and independent power production. -0- 11/1/91 /CONTACT: Marian Droll of Coastal, 313-496-3756/ (CGP) CO: ANR Pipeline Company; Coastal Corporation ST: Texas, Michigan IN: OIL SU: DIV SM-CK -- NY045 -- 0238 11/01/91 12:40 EST
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|Date:||Nov 1, 1991|
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