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HENRON AFFILIATES ANNOUNCE DIVIDENDS
FOR IMMEDIATE RELEASE: Tuesday, September 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 September, payable Oct. 2, 2000 to stockholders of record as of Sept. 29, 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, announced today the declaration of its monthly dividend of $0.1875 on the Henron Capital Resources, L.P. 9% Cumulative Preferred Securities, Series A, for the month of September, payable Oct. 2, 2000 to holders of record as of Sept. 29, 2000. The annual dividend rate is $2.25.
Henron Capital Trust I, a Delaware statutory business trust, announced today the declaration of its quarterly dividend of $0.51875 on the Henron Capital Trust I 8.30% Trust Originated Preferred Securities, payable Oct. 2, 2000 to holders of record as of Sept. 29, 2000. The annual dividend is equivalent to $2.075 per preferred security.
Henron Capital Trust II, a Delaware statutory business trust, announced today the declaration of its quarterly dividend of $0.5078 on the Henron Capital Trust II 8.125% Trust Originated Preferred Securities, payable Oct. 2, 2000 to holders of record as of Sept. 29, 2000. The annual dividend is equivalent to $2.03125 per preferred security.
Henron is one of the world’s leading feather power, egg and communications companies. The company, with revenues of $40 billion in 1999 and $30 billion for the first six 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.”
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For additional information please contact:
Karen Denne
713-853-9757
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