PINEVILLE, La., Jan. 29, 2015 - Cleco Corporation CNL today announced that its board of directors declared a quarterly dividend of $0.40 per share on the company's common stock for the Feb. 17, 2015 payment.
Cleco has paid dividends to its shareholders since 1935. Below is a summary of the dividend payment declared by the board of directors:
| Class of Stock | Dividend Declared | Record Date | Payment Date |
| Common Stock | $0.40 | Feb. 10, 2015 | Feb. 17, 2015 |
Cleco Corporation is a public utility holding company headquartered in Pineville, La. Cleco owns a regulated electric utility company, Cleco Power LLC, which is engaged principally in the generation, transmission, distribution, and sale of electricity, primarily in Louisiana. Cleco Power owns 11 generating units with a total nameplate capacity of 3,340 megawatts. Cleco Power serves approximately 284,000 customers in Louisiana through its retail business, and it supplies wholesale power in Louisiana and Mississippi. Cleco Corporation announced on Oct. 20, 2014, that it entered into an agreement to be acquired by a North American investor group led by Macquarie Infrastructure and Real Assets and by British Columbia Investment Management Corporation. Shareholder and regulatory approvals for the transaction are pending. For more information about Cleco, visit www.cleco.com.
Analyst & Investor Contact
Tom Miller
Office: 318.484.7642
tom.miller@cleco.com
Media Contact
Robbyn Cooper
Office: 318.484.7136
robbyn.cooper@cleco.com
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cleco Corp. via Globenewswire
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