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El Paso Corporation Increases Quarterly Dividend

Jul 25, 2008
Story Timeline:  80 days

HOUSTON, TX, July 25 / MARKET WIRE/ -- El Paso Corporation (NYSE: EP) today announced that the Board of Directors has declared a quarterly cash dividend of $0.05 per share for the second quarter of 2008. The second quarter dividend represents a 25 percent increase from the first quarter of 2008. The dividend will be payable October 1, 2008 to shareholders of record as of the close of business on September 5, 2008. Outstanding shares of common stock entitled to receive dividends as of June 30, 2008 were 704,090,316. El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns North America's largest interstate natural gas pipeline system and one of North America's largest independent natural gas producers. For more information, visit www.elpaso.com.... [read full story]                    

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