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Saturday, July 11, 2009

Integrys Energy (TEG)sets 68-cent quarterly dividend

The Board of Directors of Integrys Energy Group, Inc. (TEG - Quote) has declared a quarterly dividend of $0.68 per share on common stock, payable on September 19, 2009, to shareholders of record August 31, 2009.

Company info:

Integrys Energy Group, Inc., through its subsidiaries, operates as a regulated electric and natural gas utility company in the United States and Canada. The company generates electricity through coal, natural gas and fuel oil, hydroelectric, nuclear, and wind resources. It offers electric services to various customers, including municipal utilities, electric cooperatives, energy marketers, other investor-owned utilities, and municipal joint action agencies.

The company also engages in natural gas distribution operations in Michigan and Minnesota. In addition, it offers nonregulated energy supply and services to residential, commercial, industrial, and wholesale customers. As of December 31, 2008, Integrys Energy Group served approximately 487,500 regulated electric utility customers and approximately 1,669,900 regulated natural gas utility customers. The company was formerly known as WPS Resources Corporation and changed its name to Integrys Energy Group, Inc. in February 2007. Integrys Energy Group, Inc. was founded in 1883 and is based in Chicago, Illinois.

Disclosure I am long TEG in my utilities folio.


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