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Stock Market & Financial Investment News

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December 20, 2012
08:06 EDTEQTEQT Corporation to cut annual dividend to 12c following gas utility sale
Concurrent with EQT's announcement that it has agreed to transfer its natural gas distribution business, Equitable Gas Company, to Peoples Natural Gas, EQT will also reduce its annual dividend, effective January 2013. The new dividend rate of 12c per share reflects the blend of EQTs two remaining core businesses a dividend-supporting midstream business, and a capital-intensive, rapidly growing production business.
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