Boston utility NStar, which is set to merge with Hartford’s Northeast Utilities late summer, declared a quarterly dividend of 42.5 cents per share. The dividend will be paid May 2 to shareholders of record on April 8.
NStar Electric Co., an NStar subsidiary, also declared dividends of $1.063 per share on its 4.25 percent series preferred stock and $1.195 per share on its 4.78 percent series preferred. Both are payable May 2 to shareholders of record April 8.
