CHATHAM, ON, Feb. 14 /CNW/ - On February 14, 2011, Union Gas Limited declared the following quarterly dividends:
5½% Cumulative Redeemable Class A Preference Shares, Series A: A quarterly dividend of 68 cents per share payable on March 31, 2011
to shareholders of record at the close of business on March 4, 2011.
6% Cumulative Redeemable Class A Preference Shares, Series B: A quarterly dividend of 75 cents per share payable on March 31, 2011 to
shareholders of record at the close of business on March 4, 2011.
5% Cumulative Redeemable Class A Preference Shares, Series C: A quarterly dividend of 62.5 cents per share payable on March 31,
2011 to shareholders of record at the close of business on March 4,
All dividends paid or deemed for Canadian federal, provincial or
territorial income tax purposes to be paid on or after January 1, 2006
by Union Gas Limited including these dividends are designated eligible
dividends pursuant to Subsection 89 (14) of the Income Tax Act (Canada) or similar provincial or territorial legislation. This
designation continues to apply in the future unless otherwise notified
by Union Gas Limited. An eligible dividend received by a Canadian
resident individual shareholder is entitled to the enhanced dividend
tax credit. Union Gas Limited is an indirect subsidiary of Spectra
About Union Gas
Union Gas Limited is a major Canadian natural gas storage, transmission
and distribution company based in Ontario with nearly 100 years of
experience and service to customers. The distribution business serves
1.3 million residential, commercial and industrial customers in more
than 400 communities across northern, southwestern and eastern Ontario.
Union Gas's growing storage and transmission business offers premium
storage and transportation services to customers at the Dawn Hub, the
largest underground storage facility in Canada and one of the largest
in North America. It offers customers an important link in the
movement of natural gas from Western Canadian and U.S. supply basins to
markets in central Canada and the northeast U.S. Union Gas, one of
Canada's Top 100 Employers for 2011, is a Spectra Energy (NYSE: SE) company with assets of $5 billion and approximately 2,200 employees.
For more information, visit uniongas.com.
SOURCE Union Gas Limited
For further information:
Manager, Public Affairs and Media Relations Union Gas Limited
Ph: 519 436-5490 or 1-800-571-8446 ext. 5490
Cell: 519 365-1010
Fax: 519 436-4621