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Cleco Corp. declares regular common and preferred dividends

Jul 29, 2010

PINEVILLE, La. - The Board of Directors of Cleco Corp. (NYSE: CNL) today declared regular quarterly dividends on the company's common stock and preferred stock. Following is a summary of dividend payments, as declared:

Class of Stock

Dividend Declared 

Record Date 

Payment Date 

 Common Stock


 Aug. 09, 2010

 Aug. 15, 2010

 4.5% Preferred Stock 


 Aug. 16, 2010 

 Sept. 01, 2010

Cleco has a dividend reinvestment plan which allows dividends on its common and preferred stock to be reinvested in additional shares of common stock at market price. Brokerage commissions and administrative fees are incurred on dividend purchases.