...unanimously agreed to increase the quarterly common stock dividend to $0.685 per share from $0.65 per share. This full year $0.14 per share increase brings the annualized rate to $2.74, an increase of 5.4%.
"Spire's growing dividend reflects the Company's performance, strong financial position and the board's confidence in our long-term growth strategy going forward. It is also a key part of how we deliver value to our shareholders while positioning Spire as a compelling investment," said Ed Glotzbach, chairman of the board of Spire.
The dividend is payable on January 4, 2022, to shareholders of record on December 10, 2021. Spire has continuously paid a cash dividend since 1946, with 2022 marking the Company's 19th consecutive year of increasing its common stock dividend on an annualized basis. The board of directors also declared the regular quarterly dividend of $0.36875 per depositary share on Spire's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock, payable February 15, 2022, to holders of record on January 25, 2022.
...unanimously agreed to increase the quarterly common stock dividend to $0.685 per share from $0.65 per share. This full year $0.14 per share increase brings the annualized rate to $2.74, an increase of 5.4%.
"Spire's growing dividend reflects the Company's performance, strong financial position and the board's confidence in our long-term growth strategy going forward. It is also a key part of how we deliver value to our shareholders while positioning Spire as a compelling investment," said Ed Glotzbach, chairman of the board of Spire.
The dividend is payable on January 4, 2022, to shareholders of record on December 10, 2021. Spire has continuously paid a cash dividend since 1946, with 2022 marking the Company's 19th consecutive year of increasing its common stock dividend on an annualized basis. The board of directors also declared the regular quarterly dividend of $0.36875 per depositary share on Spire's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock, payable February 15, 2022, to holders of record on January 25, 2022.