NiSource, Columbia Pipeline Group complete separation
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July 2, 2015 8:17 AM EDT
Columbia Pipeline Group (NYSE: CPGX) has initiated a quarterly dividend of $0.125 per share, or $0.5 annualized.
The dividend will be payable on August 20, 2015, to stockholders of record on July 31, 2015, with an ex-dividend date of July 29, 2015.
The annual yield on the dividend is... More
July 2, 2015 8:05 AM EDT
NiSource (NYSE: NI) and Columbia Pipeline Group (NYSE: CPGX) ("CPG") announced that the separation of the two companies was completed successfully through a distribution of all the common stock of CPG held by NiSource to NiSource shareholders.
Under the terms of the distribution, effective at 11:59 p.m., New York City time, on July 1, 2015, NiSource shareholders were distributed one (1) share of CPG stock for every one (1) share of NiSource common stock they held as of 5:00 p.m. CT on June 19, 2015, the record date.
Beginning... More
