Southwestern Energy Declares Dividend On Mandatory Convertible Preferred Stock
HOUSTON, Oct. 23, 2015 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced that its Board of Directors declared a quarterly dividend of $15.625 per share on its 6.25% Series B Mandatory Convertible Preferred Stock, payable on January 15, 2016, to holders of record on January 1, 2016. This equates to $0.78125 for each depositary share, which represents a 1/20th interest in a share of the Series B preferred stock. The dividend is for the dividend period beginning on October 15, 2015 and ending on January 14, 2016.
Southwestern Energy Company is an independent energy company whose wholly-owned subsidiaries are engaged in natural gas and oil exploration, development and production, natural gas gathering and marketing. Additional information on the company can be found on the Internet at http://www.swn.com.
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SOURCE Southwestern Energy Company
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