Souther Union pays dividend in October. Business Ideas, Southern Union will pay the dividend of its regular quarterly cash on October 8th 2010. The quarterly cash dividend of Southern Union is $0.15 per share in Company’s common stock. Southern Union Company whose headquarter in Houston is a natural gas company that operates in transportation, storage, gathering, processing, and the distribution of natural gas. Southern Union Company has more than 20000 miles of pipeline system to gather and transport liquefied natural gas in North America. It serves more than half million end-users of natural gas in Missouri and Massachusetts, making it American the leading diversified natural gas company.
Southern Union’s natural gas transmission units comprise Panhandle Eastern Pipe Line Company, Trunkline Gas Company, Sea Robin Pipeline Company, Trunkline LNG Company (one of the nation’s largest LNG import terminals) and Southwest Gas Storage. Through CCE Holdings, LLC, Southern Union also possesses an interest in and operates Florida Gas Transmission. Southern Union Company (NYSE: SUG) traces its origins to the formation of Southern Union Gas Company of Texas – a utility holding company incorporated under Delaware law in 1929. After constructing its business during the 1930s, SUG transformed as World War II caused many personnel to go to war. The natural gas industry’s main significance changed with the war, as it depended on upon to furnish gas service to military missions and plants producing vital war resources.

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