El Paso Electric Declares Dividend
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EL PASO, Texas--(BUSINESS WIRE)-- The Board of Directors of El Paso Electric (NYSE: EE) declared a quarterly cash dividend on its common stock of $0.22 per share on November 17. The dividend is payable on December 30, 2011 to shareholders of record on December 15, 2011.
El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 380,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. El Paso Electric has a net dependable generating capability of 1,795 MW. El Paso Electric’s common stock trades on the New York Stock Exchange under the symbol EE.
El Paso ElectricMedia: Teresa Souza, 915-543-5823orAnalysts: Rachelle Williams, 915-543-2257
Source: El Paso Electric
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