AGL Resources boosts dividend payout ..
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ATLANTA, Feb 7, 2012 - On February 7, 2012 the Board of Directors of AGL Resources Inc. (NYSE: GAS) approved an increase of $0.04 per share in the annual dividend rate on the company`s common stock, to an indicated annual dividend of $1.84 per share. In accordance with the special pro rata dividends announced on December 9, 2011, shareholders of record as of February 17, 2012 will receive a pro rata dividend of $0.36110, accruing from and including December 9, 2011, the effective date of the merger with Nicor Inc., through February 17, 2012. Previously, legacy AGL Resources shareholders of record as of the close of business on December 8, 2011 received a pro rata dividend of $0.09890 for the stub period, accruing from November 19, 2011, which was paid on December 16, 2011 in accordance with the merger agreement.
This dividend payment will mark the 257th consecutive quarterly dividend the company has paid since 1948.
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