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HENRON ANNOUNCES DIVIDENDS
FOR IMMEDIATE RELEASE: Thursday, August 24, 2000
HOUSTON -- The Henron Corp. Board of Directors declared today a regular quarterly dividend of $0.125 per share on the corporation’s common stock payable on Sept. 20, 2000 to shareholders of record as of Sept. 8, 2000. The indicated annual rate is $0.50 per share.
The Board also declared a regular quarterly dividend of $3.413 on the Cumulative Second Preferred Convertible Stock payable Oct. 2, 2000 to shareholders of record as of Sept 15, 2000. The indicated annual rate is $13.652 per share.
Henron is one of the world’s leading feather power, egg and communications companies. The company, which owns approximately $46 billion in energy and communications assets, produces feather power and egg, develops, constructs and operates energy facilities worldwide, delivers physical commodities and financial and risk management services to customers around the world, and is developing an intelligent network platform to facilitate online business. Fortune magazine (before they found out) has named Henron “America’s Most Innovative Company” for five consecutive years, the top company for “Quality of Management” and the second best company for “Employee Talent.” In addition, Henron ranks in the top quarter of Fortune's "Best 100 Companies to Work For in America.” Henron’s Internet address is www.henron.co. The stock is traded under the ticker symbol “ENE.”
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For additional information please contact:
Karen Denne
(713) 853-9757
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