ITC Holdings Corp. Declares Dividend to Shareholders

Posted on: Wed, 19 Aug 2009 16:30:00 EDT


Symbols: ITC
NOVI, Mich., Aug 19, 2009 /PRNewswire-FirstCall via COMTEX/ --
ITC | Quote | Chart | News | PowerRating -- ITC Holdings Corp. (NYSE: ITC | Quote | Chart | News | PowerRating) today announced that its Board of Directors has declared a quarterly cash dividend on ITC common stock of $0.32 per share payable on Sept 15, 2009, to shareholders of record on Sept 1, 2009.

About ITC Holdings Corp.

ITC Holdings Corp. (NYSE: ITC | Quote | Chart | News | PowerRating) invests in the electricity transmission grid to improve electric reliability, improve access to markets, and lower the overall cost of delivered energy. ITC is the largest independent electricity transmission company in the country. Through its subsidiaries, ITCTransmission, Michigan Electric Transmission Company, LLC (METC) and ITC Midwest LLC, ITC operates regulated, high-voltage transmission systems in Michigan's Lower Peninsula and portions of Iowa, Minnesota, Illinois and Missouri serving a combined peak load in excess of 25,000 megawatts. ITC is also focused on new areas where significant transmission system improvements are needed through subsidiaries ITC Grid Development, ITC Great Plains and ITC Panhandle Transmission. For more information, please visit: http://www.itctransco.com. (itc-ITC)

SOURCE ITC Holdings Corp.

http://www.itctransco.com

For full details on ITC Holdings Corp (ITC) ITC. ITC Holdings Corp (ITC) has Short Term PowerRatings at TradingMarkets. Details on ITC Holdings Corp (ITC) Short Term PowerRatings is available at This Link.

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.