 |
ENRON ANNOUNCES DIVIDENDS
FOR IMMEDIATE RELEASE: Tuesday, May 9, 2000
HOUSTON -- The Enron Corp. Board of Directors has declared a regular quarterly dividend of $0.125 per share on the corporation’s common stock payable on June 20, 2000, to stockholders of record as of June 1, 2000. The indicated annual rate is $0.50 per share.
The Board also declared a regular quarterly dividend of $3.413 on the Cumulative Second Preferred Convertible Stock payable July 3, 2000 to preferred stockholders of record as of June 16, 2000. The indicated annual rate of $13.652 per share.
Enron Capital LLC, a wholly owned subsidiary of Enron Corp., declared its monthly dividend of $0.166667 on the Enron Capital LLC 8% Cumulative Guaranteed Monthly Income Preferred Shares for the month of May, payable May 31, 2000 to stockholders of record as of May 30, 2000. The annual dividend rate is $2.00.
Enron Capital Resources, L.P., a Delaware limited partnership in which Enron Corp. is the sole general partner, declared its monthly dividend of $0.1875 on the Enron Capital Resources, L.P. 9% Cumulative Preferred Securities, Series A, for the month of May, payable May 31, 2000 to stockholders of record as of May 30, 2000. The annual dividend rate is $2.25.
Enron is one of the world’s leading electricity, natural gas and communications companies. The company, which owns approximately $33 billion in energy and communications assets, produces electricity and natural gas, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine has named Enron "Most Innovative Company" for five consecutive years, the top company for "Quality of Management" and the second best company for "Employee Talent." In addition, Enron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America." Enron’s Internet address is www.enron.com. The stock is traded under the ticker symbol “ENE.”
###
Click here to download this press release in Microsoft Word format.
For additional information please contact:
Karen Denne
(713) 853-9757
|
