Spectra Energy Corp Announces Quarterly Dividend
Spectra Energy Corp, a leading pipeline and midstream company, has declared a quarterly cash dividend on its common stock. The dividend of $0.37 per share is payable on September 9, 2015, to shareholders of record at the close of business on August 12, 2015. This announcement marks the company's commitment to providing a stable return on investment for its shareholders.
Key Takeaways:
- Spectra Energy Corp has declared a quarterly cash dividend of $0.37 per share, with an annualized basis of $1.48 per share.
- The dividend is payable on September 9, 2015, to shareholders of record at the close of business on August 12, 2015.
- The company has a long history of serving North American customers and communities for over a century.
- Spectra Energy is the general partner of Spectra Energy Partners, a leading pipeline master limited partnership in the United States.
- The company has a significant presence in the US and Canada, with over 22,000 miles of natural gas, liquids, and crude oil pipelines.
- Spectra Energy has a 50 percent ownership in DCP Midstream, the largest producer of natural gas liquids in the US.
- The company is recognized for its commitment to sustainability, being included in the Dow Jones Sustainability World and North America Indexes.
Statistics:
- Dividend per share: $0.37
- Annualized dividend per share: $1.48
- Total dividend payable: [not specified]
- Record date for dividend: August 12, 2015
- Payment date for dividend: September 9, 2015
- Number of miles of pipelines: over 22,000
- Storage capacity: approximately 300 billion cubic feet (Bcf) of natural gas and 4.8 million barrels of crude oil
- Number of shareholders: [not specified]
Sources:
- PR Newswire, "Spectra Energy Corp Announces Quarterly Dividend of $0.37 per Share" (July 7, 2015)
- Spectra Energy Corp, company website and news releases