Piedmont Natural Gas: Dividend Stock Analysis

Piedmont Natural Gas Company, Inc. (PNY), an energy services company, distributes natural gas to residential, commercial, industrial, and power generation customers in portions of North Carolina, South Carolina, and Tennessee. It also operates various energy-related businesses, including unregulated retail natural gas marketing, interstate natural gas storage, and intrastate natural gas transportation.The company is a member of High Yield Dividend Aristocrats index, and has increased dividends for 32 years in a row. At the latest dividend increase for Piedmont Natural Gas, the company raised its distribution by 3.70% in March 2010.... Read more

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