DALLAS, Texas — TXU Corp., a global energy company with operations on three continents, reported today that its board of directors declared a regular quarterly dividend of 60 cents per share on the common stock of the company.
The dividend will be paid on April 1, 2002 to shareholders of record as of March 8, 2002.
TXU is a global leader in electric and natural gas services, merchant energy trading, energy marketing, energy delivery, telecommunications, and energy-related services. With $42 billion in assets and $28 billion in annual revenue, TXU is one of the most influential energy services companies in the world.
TXU is the number one competitive energy retailer in the United States and one of the largest globally, owns or controls extensive competitive generation around the world, and ranks among the top five energy traders globally.
TXU, which sells 335 million megawatt hours of electricity and 2.8 trillion cubic feet of natural gas annually, serves 11 million customers worldwide, primarily in the US, Europe and Australia.