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 Jun 7, 2016. The shares will quote ex-dividend on Jun 22, 2016 and the record date has been fixed on Jun 24, 2016. At Jun 7, 2016 share price, the yield comes out to be 2.2603%. The dividend payable date has been fixed on Jul 15, 2016.

Piedmont Natural Gas Company (PNY) made into the market gainers list on Fridays trading session with the shares advancing 0.17% or 0.1 points. Due to strong positive momentum, the stock ended at $60.33, which is also near the day’s high of $60.35. The stock began the session at $60.15 and the volume stood at 3,42,778 shares. The 52-week high of the shares is $60.35 and the 52 week low is $35.09. The company has a current market capitalization of $4,899 M and it has 8,11,99,179 shares in outstanding.

Piedmont Natural Gas Company(PNY) last announced its earnings results on Mar 9, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $1.29.

Several Insider Transactions has been reported to the SEC. On Jun 3, 2016, Kenneth T Valentine (Vice President) sold 1,482 shares at $59.24 per share price.Also, On Apr 26, 2016, R O Pritchard (Vice President) sold 3,300 shares at $59.60 per share price.On Apr 5, 2016, Frank B Jr Holding (director) sold 14,000 shares at $59.79 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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