-->>> USEC board votes to cease paying dividend
>08.02.06 13:10
> Feb 8 (Reuters) - USEC Inc. <USU.N> on Wednesday said its
>board has voted to cease paying a common stock dividend to
>redirect funds toward lowering the level of external financing
>required for constructing its American Centrifuge plant.
> USEC, which supplies enriched uranium fuel to nuclear power
>plants, said in a statement it will not pay a dividend until the
>project is completed. The dividend requirement over the next five
>years would be nearly $250 million, the company said.
> The company said it plans to access the equity markets this
>year.
> (Reporting by Anup Roy in Bangalore)
> ((Editing by Christina Pantin; Reuters Messaging:
>anup.roy.reuters.com@reuters.net; +91 80 4135 5800))