PRESQUE ISLE — The board of directors of Maine Public Service Co. has declared a quarterly dividend of 25 cents (annualized rate of $1 per share) on the company’s common stock, payable April 1, 1999, to holders of record at the close of business March 15, 1999.
AUGUSTA — The board of directors of CMP Group Inc. has declared a regular quarterly dividend of 22.5 cents per share on the corporation’s common stock.
The dividend will be payable April 30 to holders of record April 9.
CMP Group (www.cmpgroup.com) is a Maine holding company established Sept. 1, 1998. Its principal subsidiary is Central Maine Power Co. Others include CNEX, MaineCom, TeleSmart and Union Water-Power. Its common stock trades on the New York Stock Exchange as “CTP.”
The CTP ticker symbol was formerly used for Central Maine Power Co. common stock. On Sept. 1, 1998, Central Maine Power common shares automatically converted one-for-one to common shares of CMP Group, following shareholer and regulatory approvals for CMP Group’s formation.
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