Key Developments For Pennichuck Corp
Pennichuck Corp (PNNW.O) (Consolidated Issue listed on NASDAQ Global Market)
Pennichuck Corporation Announces Fourth Quarter 2009 Common Dividend
Pennichuck Corporation announced that the Company's Board of Directors declared a quarterly dividend of $0.175 per share payable on December 1, 2009, to shareholders of record as of November 16, 2009. This quarterly dividend remains unchanged from the previous quarter and results in an annualized dividend rate of $0.70 per share.
Pennichuck Corporation Announces Third Quarter 2009 Common Dividend
Pennichuck Corporation announced that the Company's Board of Directors declared a quarterly dividend of $0.175 per share payable on September 1, 2009 to shareholders of record as of August 17, 2009. This quarterly dividend remains unchanged from the previous quarter and results in an annualized dividend rate of $0.70 per share.
Pennichuck Corporation Announces Second Quarter 2009 Common Dividend
Pennichuck Corporation announced that it has declared a quarterly dividend of $0.175 per share payable on June 1, 2009 to shareholders of record as of May 18, 2009. This quarterly dividend remains unchanged from the previous quarter and results in an annualized dividend rate of $0.70 per share.
Pennichuck Corporation Announces Agreement With Gabelli Group
Pennichuck Corporation announced that it has entered into an agreement with GAMCO Investors, Inc. and its affiliated entities (collectively, Gabelli), pursuant to which Gabelli will be allowed, subject to certain terms and conditions, to increase its beneficial ownership in Pennichuck up to but not reaching 20% under the Company's Rights Agreement.
Pennichuck Corporation Announces 6.1% Cash Dividend Increase Payable on March 2, 2009
Pennichuck Corporation announced that its Board of Directors has authorized a 6.1% cash dividend increase above the December 1, 2008 quarterly cash dividend payment. The Company will commence paying the increased dividend on March 2, 2009 to shareholders of record as of February 9, 2009. Beginning with the March 2, 2009 payment, Pennichuck's quarterly dividend will increase to $.175 per share from $.165 per share ($.70 per share versus $.66 per share per annum).
