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Consol, Emclaire to pay early dividends
About Alex Nixon
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By Alex Nixon
Published: Monday, December 10, 2012, 7:16 p.m.
Updated: Monday, December 10, 2012
Consol Energy Inc. and Emclaire Financial Corp. will pay their shareholders quarterly dividends this month instead of next year, the companies said on Monday.
Cecil-based Consol said it will issue a 12.5 cents a share dividend on Dec. 28.
Emclaire, the parent company of Farmers National Bank of Emlenton, said it will pay a one-time dividend of 10 cents a share, also on Dec. 28.
The two companies join a growing list of companies in Western Pennsylvania and nationwide that have moved up dividends or issued special dividends on concerns that taxes on those payments will increase next year.
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