HOUSTON, April 4 /PRNewswire-FirstCall/ -- Spectra Energy today declared a quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on June 18, 2007, to shareholders of record on the close of business May 11, 2007.
(Logo: http://www.newscom.com/cgi-bin/prnh/20061030/CLM051LOGO )
This is the 81st consecutive year that Spectra Energy through its predecessor company, Duke Energy, has paid a quarterly cash dividend on its common stock.
Spectra Energy Canada Exchangeco Inc., a subsidiary of Spectra Energy, today also announced a quarterly cash dividend on its exchangeable shares as follows:
-- Shares exchangeable into Spectra Energy Common Stock (TSX: SPT.B), a
dividend of CDN $0.25 per exchangeable share.
The dividends are payable on June 18, 2007, to shareholders of record on the close of business May 11, 2007.
Spectra Energy Corp is one of North America's premier pure play natural gas midstream companies serving three key links in the natural gas value chain: gathering and processing, transmission and storage and distribution. For close to a century, Spectra Energy and its predecessor companies have developed critically important pipelines and related energy infrastructure connecting natural gas supply sources to premium markets. Based in Houston, Texas, the company operates in the United States and Canada approximately 17,500 miles of transmission pipeline, 265 billion cubic feet of storage, natural gas gathering and processing, natural gas liquids operations and local distribution assets. Spectra Energy Corp also has a 50 percent ownership in DCP Midstream, one of the largest natural gas gatherers and processors in the United States. Visit http://www.spectraenergy.com/ for more information.
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk,
