Cleco Corporation

$CNL - NYSE - Utilities
0 LAST
0 CHANGE $
0 CHANGE %
loader
ON 0
WATCHLISTS

COMMUNIQUÉ DETAILS

posts/post

Press Release $CNL Cleco Corporation

0 COMMENTs 24 Jan
Up 0 0 Down
Cleco Corporation declares quarterly dividend


PINEVILLE, La., Jan. 24, 2013 - Cleco Corporation (NYSE: CNL) today announced
that its board of directors declared a quarterly dividend of $0.3375 per share
on the company's common stock.

Below is a summary of the dividend payment declared by the board of directors:
+----------------+-------------------+--------------+---------------+
| Class of Stock | Dividend Declared | Record Date  | Payment Date  |
+----------------+-------------------+--------------+---------------+
|  Common Stock  |      $0.3375      | Feb. 5, 2013 | Feb. 15, 2013 |
+----------------+-------------------+--------------+---------------+

Cleco has paid dividends to its shareholders since 1935 and has increased its
dividend by 50 percent since February 2010.

The company has a Dividend Reinvestment Plan (DRIP) which allows dividends on
its common stock to be reinvested in additional shares of common stock at market
price.  Under the DRIP, there are no administrative fees to purchase stock and
reinvest dividends.  For more information about Cleco's DRIP, visit
www.cleco.com/investors.

Cleco Corporation is a regional energy company headquartered in Pineville, La.
 Cleco owns a regulated electric utility company, Cleco Power LLC, which owns
nine generating units with a total nameplate capacity of 2,524 megawatts and
serves approximately 281,000 customers in Louisiana through its retail business
and 10 communities across Louisiana and Mississippi through wholesale power
contracts.  Cleco also owns a wholesale energy business, Cleco Midstream
Resources LLC, which owns two natural gas-fired generating units with a total
nameplate capacity of 775 megawatts.  For more information about Cleco, visit
www.cleco.com.


Analyst & Investor Contact:
Tom Miller
(318) 484-7642

Media Contact
Robbyn Cooper
(318) 484-7136


                                                                          ###




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
    other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
     originality of the information contained therein.

Source: Cleco Corp. via Thomson Reuters ONE
[HUG#1673156]



SHARE THIS: Twitter StockTwits LinkedIn Google Plus SHORT URL: http://bdvt.co/Tq4

SIGN IN TO BOARDVOTE

FORGOT PASSWORD?