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News Breaks
December 13, 2012
12:23 EDTPNYPiedmont Natural Gas accelerates 30c dividend payment to December 31
The board of Piedmont Natural Gas announced the declaration of a quarterly dividend on common stock of 30c per share, payable December 31 to holders of record at the close of business on December 24. The payment date for the Q1 dividend is being accelerated into calendar 2012 from the typical dividend payment date in January in light of the potential increase in US dividend tax rates in 2013.
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January 16, 2015
16:30 EDTPNYPiedmont Natural Gas files to further reduce natural gas rates in Carolinas
Piedmont Natural Gas filed to further reduce its natural gas sales rates for customers in North Carolina and South Carolina. The Company's filings mark the second such request in as many months. In December, the Company requested and received approval to reduce its sales rates for customers in both states effective January 1 as a result of declining wholesale natural gas costs which Piedmont passes through to customers on a dollar for dollar basis. These filings before both the North Carolina Utilities Commission and the Public Service Commission of South Carolina reflect additional declines in the Company's wholesale natural gas costs. If approved by the respective commissions, the new rates would go into effect on February 1 with residential customers seeing a reduction of about 3% from January rates and about 8% since the start of the winter period. The average residential customer in North Carolina and South Carolina would save $10 to $15 over the remaining winter months of February, and March.

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