The Board of Directors of UNS Energy Corporation (NYSE: UNS) declared a
third quarter dividend of 43.5 cents per share.
The dividend will be paid on September 25, 2013, to common shareholders
of record as of September 3, 2013.
The declaration of dividend payments is at the board's sole discretion
and is subject to numerous factors that ordinarily affect dividend
policy, including the results of UNS Energy's operations and its
financial position, as well as general economic and business conditions.
UNS Energy is a Tucson, Arizona-based company with consolidated assets
of approximately $4 billion. UNS Energy's primary subsidiaries include
Tucson Electric Power (TEP), which serves approximately 408,000
customers in southern Arizona, and UniSource Energy Services (UES),
provider of natural gas and electric service for approximately 242,000
customers in northern and southern Arizona.
For more information about UNS Energy and its subsidiaries, visit
uns.com.
This release contains forward-looking information that involves risks
and uncertainties, including, but not limited to: state and federal
regulatory and legislative decisions and actions; regional economic and
market conditions, which could affect customer growth and energy usage;
weather variations affecting energy usage; the cost of debt and equity
capital and access to capital markets; the performance of the stock
market and changing interest rate environment, which affect the value of
the company’s pension and other postretirement benefit plan assets and
the related contribution requirements and expense; unexpected increases
in O&M expense; resolution of pending litigation matters; changes in
accounting standards; changes in critical accounting estimates; changes
to long-term contracts; the cost of fuel and power supplies; performance
of TEP's generating plants; and other factors listed in UNS Energy's
Form 10-K and 10-Q filings with the Securities and Exchange Commission.
The preceding factors may cause future results to differ materially from
outcomes currently expected by UNS Energy.
Copyright Business Wire 2013