NorthWestern Moves $0.67 Dividend Payment to Dec. 1 Amid Merger
Photo: TokenPost
NorthWestern Energy Group moved its $0.67 quarterly dividend payment to Dec. 1 and advanced the record date to Nov. 17, aligning the schedule with its pending merger with Black Hills. The board declared the dividend Nov. 4. The new dates replace a previous schedule of Dec. 31 for payment and Dec. 15 for the record date. The record date determines which shareholders qualify for the distribution. The announcement provides new details about dividend treatment around the proposed merger, under coordination provisions already set out in the merger agreement. The outcome depends on when the deal closes relative to Nov. 17.
Source: TokenPost
