(Source: Business Wire)
The Board of Directors of DPL Inc. (NYSE:DPL) declared a quarterly dividend of $0.285 per share payable September 1, 2009 to common shareholders of record on August 14, 2009. This action reflects the dividend increase announced on December 10, 2008, resulting in an annualized rate of $1.14 per share.
In addition, the Board of Directors of The Dayton Power and Light Company (DP&L) declared quarterly dividends on The Dayton Power and Light Company preferred stocks as follows:
$0.9375 per share on the 3.75% Series A, Cumulative
$0.9375 per share on the 3.75% Series B, Cumulative
$0.975 per share on the 3.90% Series C, Cumulative
The preferred dividends are payable September 1, 2009 to holders of record on August 14, 2009.
About DPL
DPL Inc. (NYSE:DPL) is a regional energy company. DPL was named one of Forbes' "100 Most Trustworthy Companies" in 2009.
DPL's principal subsidiaries include The Dayton Power and Light Company (DP&L); DPL Energy, LLC (DPLE); and DPL Energy Resources, Inc. (DPLER). DP&L, a regulated electric utility, provides service to over 500,000 retail customers in West Central Ohio; DPLE engages in the operation of merchant peaking generation facilities; and DPLER is a competitive retail electric supplier in Ohio, selling to major industrial and commercial customers. DPL, through its subsidiaries, owns and operates approximately 3,700 megawatts of generation capacity, of which 2,800 megawatts are low cost coal-fired units and 900 megawatts are natural gas and diesel peaking units. Further information can be found at www.dplinc.com.
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Matters discussed in this press release that relate to events or developments that are expected to occur in the future, including management's expectations, strategic objectives, business prospects, anticipated economic performance and financial condition and other similar matters constitute forward-looking statements. Forward-looking statements are based on management's beliefs, assumptions and expectations of future economic performance, taking into account the information currently available to management. These statements are not statements of historical fact and are typically identified by terms and phrases such as "anticipate," "believe," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will," and similar expressions.
