Piedmont Natural Gas (PNY) Announces 34c Regular Quarterly Dividend

September 7, 2016 10:25 AM EDT

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At its regular quarterly meeting of the Company's Board of Directors, Piedmont Natural Gas (NYSE: PNY) today announced the declaration of a dividend on the outstanding shares of its Common Stock of $0.34 per share, payable on the earlier of the effective date of the acquisition of Piedmont Natural Gas by Duke Energy Corporation (Effective Time) and October 14, 2016. This dividend will be payable to holders of record at the close of business on the earlier of the business day immediately preceding the Effective Time and September 23, 2016.

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