Piedmont Natural Gas Company(NYSE:PNY) Declares Dividend of $0.3400.

Piedmont Natural Gas Company (NYSE:PNY) had declared a cash dividend of $0.3400 on Sep 16, 2016. The shares will quote ex-dividend on Dec 21, 2016 and the record date has been fixed for Dec 23, 2016. On Sep 16, 2016 share price, the yield comes out to be 0.5638%. The dividend payable date has been fixed on Jan 13, 2017.

Piedmont Natural Gas Company (PNY) shares turned negative on Thursdays trading session with the shares closing down -0.05 points or -0.08% at a volume of 3,26,060. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $60.035. The peak price level was also seen at $60.035 while the days lowest was $59.9389. Finally the shares closed at $60.02. The 52-week high of the shares is $60.35 while the 52-week low is $37.69. According to the latest information available, the market cap of the company is $4,987 M.

Piedmont Natural Gas Company(PNY) last announced its earnings results on Sep 7, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $157.81M. Analysts had an estimated revenue of $167.76M. Earnings per share were $-0.07. Analysts had estimated an EPS of $-0.09.

Several Insider Transactions has been reported to the SEC. On Aug 2, 2016, Kevin M Ohara (Sr. Vice President) sold 5,000 shares at $59.78 per share price.Also, On Jun 14, 2016, Malcolm E Iii Everett (director) sold 15,000 shares at $60.15 per share price.On Jun 3, 2016, Kenneth T Valentine (Vice President) sold 1,482 shares at $59.24 per share price, according to the Form-4 filing with the securities and exchange commission.

Piedmont Natural Gas Company Inc. is an energy services company whose principal business is the distribution of natural gas to over one million residential commercial industrial and power generation customers in portions of North Carolina South Carolina and Tennessee including customers served by municipalities who are the Company’s wholesale customers. The Company is invested in joint venture energy-related businesses including unregulated retail natural gas marketing and regulated interstate natural gas storage and intrastate natural gas transportation. The Company operates in two segments: regulated utility and non-utility activities. The regulated utility segment is the gas distribution business where it includes the operations of merchandising and its related service work and home warranty programs with activities conducted by the utility. The non-utility activities segment consists of the Company’s equity method investments in joint venture energy-related businesses.

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