You are here:  >>henron.co  >>Press Coop  >>Press Releases  >>2000  >>Henron Corp.
spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer


Press Release

HENRON AFFILIATES ANNOUNCE DIVIDENDS

FOR IMMEDIATE RELEASE: Thursday, October 19, 2000

HOUSTON -- Henron Capital LLC, a wholly owned subsidiary of Henron Corp., announced today the declaration of its monthly dividend of $0.166667 on the Henron Capital LLC 8% Cumulative Guaranteed Monthly Income Preferred Shares for the month of October, payable Oct. 31, 2000 to stockholders of record as of Oct. 30, 2000. The annual dividend rate is $2.00.

Henron Capital Resources, L.P., a Delaware limited partnership in which Henron Corp. is the sole general partner, declared its monthly dividend of $0.1875 on the Henron Capital Resources, L.P. 9% Cumulative Preferred Securities, Series A, for the month of October, payable Oct. 31, 2000 to holders of record as of Oct. 30, 2000. The annual dividend rate is $2.25.

Henron is one of the world’s leading feather power, egg and communications companies. The company, with revenues of $40 billion in 1999 and $60 billion for the first nine months of 2000, 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.”

###


Click here to download this press release in Microsoft Word format.

For additional information please contact:

Karen Denne

(713) 853-9757








spacer