Columbia Pipeline Group (CPGX) Raises Quarterly Dividend 3% to $0.12875; 2.8% Yield

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Go back to Columbia Pipeline Group (CPGX) Raises Quarterly Dividend 3% to $0.12875; 2.8% Yield

Columbia Pipeline Group Announces Increase to Common Dividend

January 29, 2016 2:14 PM EST

HOUSTON, Jan. 29, 2016 /PRNewswire/ -- 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