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WGL Holdings, Washington Gas Declare Dividends

Category:

Wednesday, September 27, 2006 9:00 am EDT

Dateline:

WASHINGTON

Public Company Information:

NYSE:
WGL

WASHINGTON--(BUSINESS WIRE)--WGL Holdings, Inc. (NYSE:WGL) today declared a regular quarterly dividend of $0.3375 per share of common stock. The quarterly dividend is payable November 1, 2006, to shareholders of record on October 10, 2006.

Washington Gas Light Company, a utility subsidiary of WGL Holdings, declared regular dividends today on all classes of the utility company's preferred stock as follows:

 

Class of Serial

Preferred Stock Dividend Per Share
 
$ 4.25 Series $ 1.0625
$ 4.80 Series $ 1.20
$ 5.00 Series $ 1.25
 

Dividends on the utility subsidiary's preferred stock also are payable November 1, 2006, to shareholders of record on October 10, 2006.

Common stock dividends have been paid for more than 155 consecutive years.

Headquartered in Washington, DC, WGL Holdings is the parent company of Washington Gas Light Company, a natural gas utility that serves over one million customers throughout metropolitan Washington, DC, and the surrounding region. In addition, WGL Holdings holds a group of energy-related retail businesses that focus primarily on retail energy marketing and commercial heating, ventilating and air conditioning services.

Additional information about WGL Holdings is available on its Web site, http://www.wglholdings.com/. Go to http://www.washingtongas.com/ for more information about Washington Gas Light Company.

Contact:

WGL Holdings, Inc.
News Media:
Kimberly H. Greer, +1-202-624-6704
cell: +1-703-216-3686
or
Financial Community:
Melissa E. Adams, +1-202-624-6410