Spire Increases Common Stock Dividend
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Spire (NYSE: SR) increased its annual common stock dividend to $3.46 per share following unanimous approval by its board of directors. The annual rate rises from $3.30, a $0.16 increase, bringing the quarterly dividend to $0.865, up 4.8%. The dividend is payable January 5, 2027, to shareholders of record December 11, 2026. The year 2027 marks Spire's 24th consecutive year of annualized common stock dividend increases.
Positive
- Minor pointAnnual dividend rises $0.16 to $3.46 per share; the quarterly rate increases 4.8% to $0.865.
- Minor point. Forward-looking: it has not happened yet and may not happen.2027 marks the 24th consecutive year of annualized common stock dividend increases.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
24th Consecutive Year of Increases
"This dividend increase reflects the board's confidence in Spire's disciplined growth strategy, financial strength and ability to create long-term value. We believe Spire remains a strong investment opportunity and is well positioned to deliver sustainable returns for shareholders," said Rob Jones, Spire board chair.
The dividend is payable on January 5, 2027, to shareholders of record on December 11, 2026. Spire has continuously paid a cash dividend since 1946, with 2027 marking the Company's 24th consecutive year of increasing its common stock dividend on an annualized basis.
About Spire
At Spire (NYSE: SR), our vision is to deliver a stronger energy future as an industry-leading natural gas provider. We safely and reliably serve the natural gas needs of close to 2 million homes and businesses through gas utilities in Alabama, Mississippi, Missouri and Tennessee, making us one of the largest publicly traded natural gas companies in the country. We are committed to transforming our business through growing organically, investing in infrastructure and driving continuous improvement. Learn more at SpireEnergy.com.
Investor Contact:
Megan L. McPhail
314-309-6563
Megan.McPhail@SpireEnergy.com
Media Contact:
Jason Merrill
314-342-3300
Jason.Merrill@SpireEnergy.com
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SOURCE Spire Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much is Spire's increased common stock dividend?
Spire's quarterly common stock dividend is $0.865 per share, an increase of 4.8%. The annual rate increases to $3.46 from $3.30 per share.
When is Spire's increased dividend payable, and what is the record date?
The dividend is payable on January 5, 2027, to shareholders of record on December 11, 2026.