DARS™ Stock Ratings for PGN

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Recent Dividend.com Articles for PGN

• New Additions to the Recommended List - 12/10
  Thu, Dec 10, 2009
• Best Large Cap Dividend Stock Prospects List - Dec.5 Edition
  Sat, Dec 5, 2009
• 6 Former Dividend Recommendations Making Noise Again
  Sat, Mar 28, 2009
• Dividend Stock Recommendation Changes-Mar.7 Edition
  Sat, Mar 7, 2009
• Market Wrap-Up for Mar.5
  Thu, Mar 5, 2009
• Progress Energy Shares Flat After Q4 Results (PGN)
  Thu, Feb 12, 2009
• Progress Energy a Bit Cautious on 2009 Profit Estimates (PGN)
  Mon, Jan 5, 2009
• Dividend Payout Changes for Dec.10
  Wed, Dec 10, 2008
• 6 Dividend Stocks Added to Recommended List (PGN, T, AFL, ED, HCBK, MCHP)
  Tue, Oct 28, 2008
• Dividend Stock Recommendation Changes
  Fri, Oct 10, 2008

Company Profile & Recommendation

Company Profile

Progress Energy-(PGN)- is an energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. The company will observe its 100th anniversary in 2008. Progress Energy includes two major utilities that serve more than 3.1 million customers in the Carolinas and Florida. The company is the 2006 recipient of the Edison Electric Institute's Edison Award, the industry's highest honor, in recognition of its operational excellence. The company also is the first utility to receive the prestigious J.D. Power and Associates Founder's Award for customer service.It engages in the generation, transmission, distribution, and sale of electricity in North Carolina, South Carolina, and west central Florida. It also offers coal terminal services in Kentucky and West Virginia. Progress Energy, formerly known as CP&L Energy, Inc., was founded in 1925 and is headquartered in Raleigh, North Carolina.

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