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.
Progress Energy Inc declared a regular quarterly dividend in the amount of $.62 per share payable February 1, 2010 to shareholders of record on January 11, 2010, ex-dividend date January 7, 2010.
At today's $41.10 stock price the dividend yield is 6.03%.
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