Progress Energy, Inc. (PGN) Declares $0.62 Quarterly Dividend; 4.9% Yield

September 16, 2011 11:15 AM EDT
Progress Energy, Inc. (NYSE: PGN) declared a quarterly dividend of $0.62 per share, or $2.48 annualized.

The dividend will be payable on November 1, 2011, to stockholders of record on October 11, 2011, with an ex-dividend date of October 7, 2011.

The annual yield on the dividend is 4.9 percent.

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