EVANSVILLE, Ind., Oct. 28 /PRNewswire-FirstCall/ -- Vectren Corporation announced the Board of Directors declared a quarterly common stock dividend of 33 1/2 cents per share, a 3.1% increase over the 32 1/2 cents paid the previous quarter. The dividend will be payable December 1, 2008 to shareholders of record at the close of business on November 14, 2008.
"We are pleased to announce this dividend increase particularly in today's uncertain economic climate," said Niel C. Ellerbrook, Chairman and CEO of Vectren Corporation.
About Vectren
Vectren Corporation is an energy holding company headquartered in Evansville, Indiana. Vectren's energy delivery subsidiaries provide gas and/or electricity to more than one million customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio. Vectren's nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the Midwest and Southeast. These include gas marketing and related services; coal production and sales; and energy infrastructure services. To learn more about Vectren, visit http://www.vectren.com/ .