The dividend will be paid May 30, 2007, to all shareholders of record as of the close of business May 16, 2007. "This reflects a 50 percent increase in the quarterly dividend payment after the company's two-for-one stock split on March 30, 2007. The quarterly dividend would have been $0.02 per share post-split had the board not taken this action," said Dan O. Dinges, Chairman, President and CEO.
Cabot Oil & Gas Corp., headquartered in Houston, Texas, is a leading independent natural gas producer with substantial interests in the Gulf Coast, including Texas and Louisiana; the West, with the Rocky Mountains and Mid-Continent; the East and an expansion effort in Canada.
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