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A common sense look at energy issues in the state of Connecticut and how they affect the state's residents

Tuesday, April 2, 2013

NU Declares Dividend Payment

Northeast Utilities' Board of Directors declared a quarterly dividend on Tuesday of 36.75 cents per share of the company's common stock.

The dividend is payable on June 28th to shareholders of record as of the close of business on May 31, company officials said.  NU has approximately 314 million common shares outstanding. 

News of the dividend pay out comes as equity strategists for Citi Bank named the Hartford-based utility as one of their 11 top dividend paying stock picks

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