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Piedmont Natural Gas (PNY) Announces 34c Special Contingent Dividend

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Piedmont Natural Gas Announces Special Contingent Dividend

September 7, 2016 10:18 AM EDT

CHARLOTTE, N.C., Sept. 7, 2016 /PRNewswire/ -- At its regular quarterly meeting of the Company's Board of Directors, Piedmont Natural Gas (NYSE: PNY) today announced the declaration of a special contingent dividend on the outstanding shares of its Common Stock of $0.34 per share, subject to proration as described below.  This dividend is payable on the earlier of the effective date of the acquisition of Piedmont Natural Gas by Duke Energy Corporation (Effective Time) and January 13, 2017 and... More