Nicor Inc. has added a
news release to its Investor Relations website.
Title: Nicor Declares Dividend
Date: 3/27/2008 1:47:00
PM
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NAPERVILLE,
Ill.--(BUSINESS WIRE)--March 27, 2008--The Board of
Directors of Nicor Inc. (NYSE:
GAS) declared a quarterly common stock
dividend of 46.5 cents per
share, payable May 1, 2008, to stockholders
of record on April 7, 2008. This
payment continues the company's
annual dividend rate of $1.86
per share. With this declaration, Nicor
begins its 55th consecutive year
of common stock dividend payments.
Dividends for preferred stock
also declared payable May 1, 2008
include:
4.48% preferred $.56 5.00% convertible preferred $.625
Nicor Inc. (NYSE: GAS)
is a holding company and is a member of the
Standard & Poor's 500 Index.
Its primary business is Nicor Gas, one of
the nation's largest natural gas
distribution companies. Nicor owns
Tropical Shipping, a
containerized shipping business serving the
Caribbean region and the Bahamas.
In addition, the company owns and
has
an equity interest in several energy-related businesses. For more
information,
visit the Nicor Web site at www.nicor.com.
This document includes
certain forward-looking statements about
the
expectations of Nicor and its subsidiaries and affiliates.
Although
Nicor believes these statements are based on reasonable
assumptions,
actual results may vary materially from stated
expectations.
Such forward-looking statements may be identified by the
use
of forward-looking words or phrases such as "anticipate,"
"believe,"
"expect," "intend," "may,"
"planned," "potential,"
"should,"
"will," "would," "project,"
"estimate," "ultimate," or
similar
phrases. Actual results may differ materially from those
indicated
in the company's forward-looking statements due to the
direct
or indirect effects of legal contingencies (including
litigation)
and the resolution of those issues, including the effects
of
an ICC review, and undue reliance should not be placed on such
statements.
Other factors that could
cause materially different results
include,
but are not limited to, weather conditions; natural
disasters;
natural gas and other fuel prices; fair value accounting
adjustments;
inventory valuation; health care costs; insurance costs
or
recoveries; legal costs; borrowing needs; interest rates; credit
conditions;
economic and market conditions; accidents, leaks,
equipment
failures, service interruptions, environmental pollution,
and
other operating risks; tourism and construction in the Bahamas and
Caribbean
region; energy conservation; legislative and regulatory
actions;
tax rulings or audit results; asset sales; significant
unplanned
capital needs; future mercury-related charges or credits;
changes
in accounting principles, interpretations, methods, judgments
or
estimates; performance of major customers, transporters, suppliers
and
contractors; labor relations; and acts of terrorism.
Readers are cautioned
not to place undue reliance on these
forward-looking
statements, which speak only as of the date of this
release.
Nicor undertakes no obligation to publicly release any
revision
to these forward-looking statements to reflect events or
circumstances
after the date of this release.
CONTACT: Nicor Inc. Mark Knox, re: N-991 630 388-2529 SOURCE: Nicor Inc. |