Cleco declares quarterly dividend
PINEVILLE, La. - Cleco Corporation (NYSE: CNL) today announced that its board of directors declared a regular quarterly dividend of $0.3125 per share on its common stock for the fourth quarter of 2011.
Below is a summary of the dividend payment, as declared:
|
Class of Stock |
Dividend Declared |
Record Date |
Payment Date |
|
Common Stock |
$0.3125 |
Feb. 6, 2012 |
Feb. 15, 2012 |
Cleco has a dividend reinvestment plan which allows dividends on its common stock to be reinvested in additional shares of common stock at market price. Brokerage commissions and administrative fees are incurred on dividend purchases.