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Columbia Pipeline Group announces increase to common dividend

Published by , Senior Editor
World Pipelines,


The Board of Directors of Columbia Pipeline Group, Inc. have approved a quarterly dividend payment of 13.375 cents per share, payable on 20 May, 2016, to common stockholders of record at the close of business 29 April, 2016. This represents an approximately 3.9% increase over the prior quarter's dividend of 12.875 cents per share.

Columbia Pipeline Group, Inc. operates approximately 15 000 miles of strategically located interstate pipeline, gathering and processing assets extending from New York to the Gulf of Mexico, including an extensive footprint in the Marcellus and Utica Shale production areas. Columbia Pipeline Group also operates one of the nation's largest underground natural gas storage systems.

Edited from source by Elizabeth Corner

Read the article online at: https://www.worldpipelines.com/business-news/23032016/columbia-pipeline-group-announces-increase-to-dividend/

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