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AGL Resources Board of Directors Increases Dividend
ATLANTA, Feb 7, 2012 - On February 7, 2012 the Board of Directors of AGL Resources Inc. (NYSE: GAS) 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 $1.84 per share. In accordance with the special pro rata dividends announced on December 9, 2011, shareholders of record as of February 17, 2012 will receive a pro rata dividend of $0.36110, accruing from and including December 9, 2011, the effective date of the merger with Nicor Inc., through February 17, 2012. Previously, legacy AGL Resources shareholders of record as of the close of business on December 8, 2011 received a pro rata dividend of $0.09890 for the stub period, accruing from November 19, 2011, which was paid on December 16, 2011 in accordance with the merger agreement. This dividend payment will mark the 257th consecutive quarterly dividend the company has paid since 1948. About AGL Resources AGL Resources (NYSE: GAS) is an Atlanta-based energy services holding company with operations in natural gas distribution, retail operations, wholesale services, midstream operations and cargo shipping. As the nation's largest natural gas-only distributor based on customer count, AGL Resources serves approximately 4.5 million utility customers through its regulated distribution subsidiaries in seven states. The company also serves more than one million retail customers through its SouthStar Energy Services joint venture and Nicor National, which market natural gas and related home services. Other non-utility businesses include asset management for natural gas wholesale customers through Sequent Energy Management, ownership and operation of natural gas storage facilities, and ownership of Tropical Shipping, one of the largest containerized cargo carriers serving the Bahamas and Caribbean region. AGL Resources is a member of the S&P 500 Index. For more information, visithttp://www.aglresources.com/. Contacts: Media |