From the Wires
The Laclede Group Increases Dividend
Annualized Dividend Grows For 10th Consecutive Year
By: PR Newswire
Nov. 14, 2012 06:19 PM
ST. LOUIS, Nov. 14, 2012 /PRNewswire/ --The Board of Directors of The Laclede Group (NYSE: LG) increased the quarterly common stock dividend to $0.425 per share from $0.415 per share, which raises the annualized rate by 2.4% to $1.70 per share. The dividend is payable on January 3, 2013, to shareholders of record on December 11, 2012. Based on today's closing stock price, the new annualized rate results in a dividend yield of 4.5%.
The Laclede Group has continuously paid a cash dividend since 1946, with 2013 marking the Company's 10th consecutive year of increasing its dividend on an annualized basis.
ABOUT THE LACLEDE GROUP, INC.
SOURCE The Laclede Group, Inc.
Latest Cloud Developer Stories
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week