El Paso Electric (EE) Declares $0.385 Quarterly Dividend; 2.3% Yield
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El Paso Electric Declares Dividend
June 5, 2020 7:20 PM EDTEL PASO, Texas--(BUSINESS WIRE)-- Today, the Board of Directors of El Paso Electric Company (NYSE: EE) declared a cash dividend on shares of EE common stock. If EEs previously announced acquisition by the Infrastructure Investments Fund (IIF) occurs on or before June 16, 2020, EE will pay a stub period cash dividend in an amount equal to $0.004231 per share (which reflects the most recent regular quarterly EE common stock dividend rate of $0.385 per share, divided by 91) multiplied by the number of days from and including March 18, 2020, the day after the record date for the... More
