Central Vermont Public Service Declares Common Stock Dividend

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On May 6, 2008, the board of directors of Central Vermont Public Service (NYSE: CV) declared dividends on the outstanding common stock, $6 par value, of $0.23 per share, payable August 15, 2008 to stockholders of record at the close of business July 31, 2008.

CVPS is Vermont's largest electric utility, serving more than 158,000 customers statewide. The company's non-regulated subsidiary, Catamount Resources Corporation, sells and rents electric water heaters through a subsidiary, SmartEnergy Water Heating Services.