ATLANTA, Feb. 10, 2011 /PRNewswire/ -- On February 8, 2011 the Board of Directors of AGL Resources Inc. (NYSE: AGL) approved an increase of $0.04 per share in the annual dividend rate on the company's common stock, to an indicated annual dividend of $1.80 per share. The new quarterly dividend rate of $0.45 per share is effective for the dividend payable March 1, 2011 to shareholders of record at the close of business on February 18, 2011.
The dividend payment will mark the 253rd consecutive quarterly dividend the company has paid since 1948.
About AGL Resources
AGL Resources (NYSE: AGL), an Atlanta-based energy services company, serves approximately 2.3 million customers in six states. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout North America. As an 85-percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. The company also owns and operates two high-deliverability natural gas storage facilities: Jefferson Island Storage & Hub near the Henry Hub in Louisiana and Golden Triangle Storage in Texas. For more information, visit www.aglresources.com.
SOURCE AGL Resources Inc.