Columbia Pipeline Group (CPGX) Raises Quarterly Dividend 3% to $0.12875; 2.8% Yield
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Columbia Pipeline Group Announces Increase to Common Dividend
January 29, 2016 2:14 PM ESTHOUSTON, Jan. 29, 2016 /PRNewswire/ --Â The Board of Directors of Columbia Pipeline Group, Inc. (NYSE: CPGX) ("CPG") today approved a quarterly dividend payment of 12.875 cents per share, payable February 19, 2016, to common stockholders of record at the close of business February 8, 2016.
"Today's announcement delivers on one of our core commitments as an independent pipeline, midstream and storage company," CPG Chairman and Chief Executive Officer Robert C. Skaggs, Jr. said. "Our stable and predictable cash flow combined with an extensive and, indeed, transformational inventory of growth and modernization investments, provides a clear line of... More
