ST. LOUIS, April 28, 2016 /PRNewswire/ -- The board of directors of Spire Inc., formerly The Laclede Group LG today declared a quarterly common stock dividend of $0.49 per share, payable July 5, 2016, to shareholders of record on June 10, 2016.
We have continuously paid a cash dividend since 1946, with 2016 marking the 13th consecutive year of increasing the dividend on an annualized basis.
Earlier today, shareholders approved renaming The Laclede Group to Spire. Starting tomorrow, April 29, our common stock will trade under the ticker symbol "SR" on the New York Stock Exchange.
About Spire
At Spire Inc. we believe energy exists to help make people's lives better. It's a simple idea, but one that's at the heart of our company. Every day we serve 1.56 million customers making us the fifth largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our regulated utilities - Laclede Gas, Missouri Gas Energy and Alagasco. Our non-regulated businesses Laclede Energy Resources and Spire Natural Gas Fueling Solutions provide energy solutions to other natural gas users. We are committed to transforming our business and pursuing growth by 1) growing our gas utility business through prudent infrastructure upgrades and organic growth initiatives; 2) acquiring and integrating gas utilities; 3) modernizing our gas supply assets, and 4) investing in innovation. Learn more at www.SpireEnergy.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/spire-declares-dividend-300259783.html
SOURCE Spire Inc.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.