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HomeMy WebLinkAbout20110322Notice of Dividend Increase.pdf~ ~~lEf91!RECEi ioii MAR 22 AM 9: 5 I Pac Por IRo Mont Por 82 NE Multomah Portan. Oreon 9n32 March 22, 2011 VI OVERNIGHT DELIVERY Idaho Public Utilties Commssion 472 West Washington Boise, Idao 83702 Attention:Ms. Jean D. Jewell Commssion Secreta Re: Idaho Docket No. P AC-E-05-8 Order No. 29998 To the Idao Public Utilties Commssion: The Board of Directors ofPacifiCorp, by a unmous wrtten consent, declared on March 18,2011, a dividend of $275 millon, or approximately 77.017 cents ($0.77017) per shar, on the outstading shares ofPacifiCorp common stock, payable to its sole common stock shareholder of record, PPW Holdings LLC, on April 20, 2011. Commtment 17 of the Stipulation approved in Order No. 29998 provides tht PacifiCorp will provide the Commssion notice when it intends to increase the amount of dividend payments by 100.. or more. As ths dividend is the sae amount as the most recently declard and paid dividend, this notice is provided on a one-time inormationa basis only. ery . rb Assistt Secreta and Assistat General Counsel JBE:dcb