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Connecticut Light & Power Co., $2.00 Series of 1947 Preferred Stock
Ticker Symbol: CNLTN     CUSIP: 207597303     Exchange: OTOTC
Security Type:   Traditional Preferred Stock

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Connecticut Light & Power Co., $2.00 Series of 1947 Preferred Stock, par value $50.00 per share, redeemable anytime at the company's option at $54.00 per share plus accrued and unpaid dividends, and not subject to mandatory redemption. Distributions of $2.00 (4%) per annum are paid quarterly on 2/1, 5/1, 8/1 & 11/1 to holders of record on the 10th of the previous month (NOTE: the ex-dividend date is one business day prior to the record date). Dividends paid by this preferred security are eligible for the preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under IRS specified holding restrictions) and are also eligible for the dividends received deduction for corporate holders. Connecticut Light & Power Co. is a wholly-owned subsidiary of Northeast Utilities (NYSE: NU).
Cpn Rate
Ann Amt
Call Date
Matur Date
Distribution Dates 15%
Tax Rate
any time
Baa2 BBB+
2/1, 5/1, 8/1 & 11/1
Click for MW ExDiv Date
Click for Yahoo ExDiv Date

Go to Parent Company's Record (ES)

IPO - 1/1/1947 -
Market Value $10.3 Million

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Company's Email Address Links
Inv Rel Email Address
General Email Address

Address and Phone Numbers
Address:   P.O. Box 270, Hartford, CT 06141
Main Phone Number 800-286-5000
Fax Number 860-665-3714
Shareholder Services 800-999-7269
Toll Free Phone Number 800-286-5000
CEO - Michael G. (Mike) Morris CFO - John H. Forsgren

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