Sierra Pacific Resources' Board of Directors Declares Quarterly Dividend
04 Agosto 2008 - 9:10PM
PR Newswire (US)
RENO, Nev., Aug. 4 /PRNewswire-FirstCall/ -- Sierra Pacific
Resources (NYSE:SRP) announced that its board of directors today
declared a cash dividend of 8 cents per share, payable on September
10, 2008, to common shareholders of record on August 22, 2008.
Headquartered in Nevada, Sierra Pacific Resources is a holding
company whose principal subsidiaries are Nevada Power Company, the
electric utility for most of southern Nevada, and Sierra Pacific
Power Company, the electric utility for most of northern Nevada and
the Lake Tahoe area of California. Sierra Pacific Power Company
also distributes natural gas in the Reno-Sparks area of northern
Nevada. This press release may contain forward-looking statements
regarding the future performance of Sierra Pacific Resources within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements are subject to a variety of risks and
uncertainties that could cause actual results to differ materially
from current expectations. These risks and uncertainties include,
but are not limited to, the discretion of Sierra Pacific Resources'
Board of Directors with respect to the payment of future dividends
based on its periodic review of factors that ordinarily affect
dividend policy, such as current and prospective financial
condition, earnings and liquidity, prospective business conditions,
regulatory factors, and dividend restrictions in Sierra Pacific
Resources' and its subsidiaries' financing agreements. Additional
cautionary statements regarding other risk factors that could have
an effect on the future performance of Sierra Pacific Resources and
its subsidiaries are contained in its Annual Report on Form 10-K
for the year ended December 31, 2007, filed with the SEC. Sierra
Pacific Resources undertakes no obligation to release publicly the
result of any revisions to these forward-looking statements that
may be made to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.
DATASOURCE: Sierra Pacific Resources CONTACT: Media, Karl Walquist,
+1-775-834-3891, or Analysts, Britta Carlson, +1-702-367-5624, both
of Sierra Pacific Resources Web site: http://www.sierrapacific.com/
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