BUYING A STAKE IN NORTHEAST UTILITIES

Just transferred the money to my taxable brokerage account to purchase shares of Northeast Utilities (NYSE: NU).  They are the parent company of Northeast Utilities System.  Northeast Utilities System furnishes retail electric service through wholly owned subsidiaries to Connecticut, New Hampshire and western Massachusetts.

Their dividend yield, on recent price of $36.10 per share, was 3.25%, which represents a dividend of $1.18 per share.  I placed the order to purchase shares before the end of February, to take advantage of their next scheduled dividend payment on March 30, 2012.  Payments are made to shareholders of record as of March 1, 2012.