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WGL Holdings, Washington Gas Declare Dividends

Category:

Friday, December 19, 2008 4:29 pm EST

Dateline:

WASHINGTON

Public Company Information:

NYSE:
WGL

WASHINGTON--(BUSINESS WIRE)--WGL Holdings, Inc. (NYSE:WGL) today declared a regular quarterly dividend of $0.3550 per share of common stock. The quarterly dividend is payable February 1, 2009, to shareholders of record on January 9, 2009.

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 February 1, 2009, to shareholders of record on January 9, 2009.

Common stock dividends have been paid for more than 158 consecutive years.

Headquartered in Washington, D.C., WGL Holdings has three operating segments: (i) the regulated utility segment which primarily consists of Washington Gas, a natural gas utility that serves over one million customers throughout metropolitan Washington, D.C., and the surrounding region; (ii) the retail energy marketing segment which consists of Washington Gas Energy Services, Inc., a third-party marketer that competitively sells natural gas and electricity and (iii) the design-build energy systems segment, which consists of Washington Gas Energy Systems, Inc., a provider of design-build energy efficiency solutions to government and commercial clients. Additional information about WGL Holdings is available on our Web site, wglholdings.com.

Contact:

WGL Holdings, Inc.
News Media:
Eric Grant, 202-624-6091
or
Financial Community:
Robert Dennis, 202-624-6129