EL PASO, Texas--(BUSINESS WIRE)--The Board of Directors of El Paso Electric (NYSE:EE) has declared a regular quarterly cash dividend on its common stock of $0.25 per share. The dividend was declared on January 17, 2013 and is payable on March 29, 2013 to shareholders of record on March 14, 2013.
El Paso Electric is a regional electric utility providing generation, transmission, and distribution service to approximately 384,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. El Paso Electric has a net dependable generating capability of 1,785 MW. El Paso Electric's common stock trades on the New York Stock Exchange under the symbol EE.