On January 9, 2012 the Central Vermont Public Service Corporation (NYSE: CV) Board of Directors approved a quarterly dividend at the rate of twenty-three cents ($.23) per share on the issued and outstanding shares of Common Stock, $6 Par Value, payable February 15, 2012, to stockholders of record at the close of business February 3, 2012.
As part of the agreement between potential buyer Gaz Metro of Montreal and CVPS, dividends would be paid up to the time the sale of CVPS to Gaz Metro expires. That deal is expected to close by the middle of 2012. Gaz Metro currently owns Vermont Gas and Green Mountain Power. CVPS and GMP will merge under the new ownership and the new entity will be called Green Mountain Power.
RUTLAND, VT--(Marketwire - January 09, 2012)
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