Frank Izzo (CEO-PEG): EX-DIV. first week in March...
From latest Annual Report:
"...we have been able to continue increasing our dividend,
with the latest increase in February 2013 raising our
indicated annual dividend rate to $1.44 per share from
$1.42 per share.
this was the ninth increase in our dividend in the past 10 years.
the increased contribution to earnings from our more stable, regulated business
along with continued cash flow from our generation business should allow
for future consideration of dividend increases, subject to board approval.