SOURCE: Florida Public Utilities Co.

June 10, 2008 15:00 ET

Florida Public Utilities Company Announces 4.4% Increase in Quarterly Dividend

WEST PALM BEACH, FL--(Marketwire - June 10, 2008) - The Board of Directors of Florida Public Utilities Company (AMEX: FPU), at its meeting held on June 10, 2008, declared a quarterly dividend of 11.75 cents per share on the Company's common stock, payable July 1, 2008 to shareholders of record at the close of business on June 20, 2008.

This represents an increase of 4.4% from the 11.25 cents per share in the previous quarter. Today's Board action raises the annual dividend to 47 cents. This is the 62nd consecutive year the Company has paid a quarterly dividend.