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Sempra Energy (SRE)

Sempra Energy declared a regular quarterly dividend in the amount of $.39 per share payable April 15, 2010 to shareholders of record on March 18, 2010.
At today''s $49.48 stock price the dividend yield is 3.15%.

Feb 12 · 11:12:00 PM
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by Michael Oliveto

FPL Group (FPL)

FPL Group declared a regular quarterly dividend in the amount of $.50 per share payable March 15, 2010 to shareholders of record on February 26, 2010.
At today''s $45.57 stock price the dividend yield is 4.39%.

Feb 12 · 10:36:00 PM
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by Michael Oliveto

Ameren (AEE)

The Board of Directors of Ameren Corporation announced today that Ameren Executive Chairman Gary L. Rainwater, 63, plans to retire from Ameren at the annual shareholders meeting scheduled for April 27, 2010. In connection with his retirement, Rainwater has requested the board not nominate him for membership on the Ameren board at that meeting.
Two other directors-Susan S. Elliott, 72, and Douglas R. Oberhelman, 56---are also leaving the board with today's meeting marking their last regularly scheduled board session before the annual meeting. All three directors will complete the term of their service at the annual shareholders meeting.

Feb 12 · 10:09:00 PM · Source: Reuters
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by Michael Oliveto

Ameren (AEE)

Ameren Corporation declared a regular quarterly dividend in the amount of $.385 per share payable March 31, 2010 to shareholders of record on March 10, 2010.
At today''s $24.56 stock price the dividend yield is 6.27%.

Feb 12 · 10:06:00 PM
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by Michael Oliveto

Sempra Energy (SRE)

Royal Bank of Scotland Group PLC is on the verge of striking a deal to sell the non-North American operations of a joint business with Sempra Energy to J.P. Morgan Chase , a person familiar with the situation said Wednesday.
RBS, which is 84%-owned by the government, has been ordered by the European Union to sell its 51% stake in RBS Sempra Commodities as a condition of taking billions in state aid. According to people familiar with the situation, bids for all of RBS Sempra came in at more than $4 billion.

Feb 11 · 3:42:00 PM · Source: NASDAQ
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by Michael Oliveto

SCANA (SCG)

Scana reported for the full year 2009 earnings of $348 million, or $2.85 per share, on sales of $4.237 billion. That compares to the prior year earnings of $346 million, or $2.95 per share, on sales of $5.319 billion.
The company announced that for fiscal 2010, it expects earnings per share to be in the range of $2.85 to $3.05. The Company continues to target an average annual earnings growth rate of 4% to 6% over the next 3-5 years.

Feb 11 · 3:34:00 PM · Source: Company News Release
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by Michael Oliveto

Progress Energy (PGN)

Progress Energy reported for the full year 2009 earnings of $767 million, or $2.75 per share, on sales of $9885 million. That compares to the prior year earnings of $830 million, or $3.17 per share, on sales of $9167 million.
The company announced that for fiscal 2010, it affirms ongoing earnings guidance range of $2.85 to $3.05 per share. The ongoing earnings guidance excludes the impact, if any, from discontinued operations, CVO mark-to-market adjustments, potential impairments, valuation allowances and plant retirement charges.

Feb 11 · 3:29:00 PM · Source: Company Press Release
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by Michael Oliveto

Pacific Gas & Electric (PCG)

Pacific Venture Capital, a subsidiary of PG&E, will provide $60 million in tax equity financing for the installation of 1000 solar power systems on residential and commercial buildings.
The investment will allow SolarCity to use its SolarLease® and power purchase agreement financing options where building owners adopt solar energy with no upfront investment. In return for providing the upfront investment for the solar power systems, Pacific Venture Capital will receive lease revenues from SolarCity customers, along with the benefits of federal investment tax credits and local rebates for solar energy projects.

Feb 11 · 3:11:00 PM · Source: Renewable Energy Focus
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by Michael Oliveto


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