Spire Increases Common Stock Dividend

Rhea-AI Summary

Spire (NYSE: SR) said its board raised the annual common stock dividend to $3.30 per share from $3.14, a $0.16 (5.1%) increase that sets the quarterly common dividend at $0.825. The dividend is payable January 5, 2026 to shareholders of record on December 11, 2025. Spire said this marks its 23rd consecutive year of annual dividend increases. The board also declared a regular quarterly dividend of $0.36875 per depositary share on the 5.90% Series A cumulative redeemable perpetual preferred stock, payable February 17, 2026 to holders of record on January 26, 2026. The company serves 1.7 million homes and businesses across Alabama, Mississippi and Missouri.

Positive

• Dividend increase of 5.1% to $3.30 annual
• 23rd consecutive year of annual dividend increases
• Quarterly common rate raised to $0.825 per share
• Preferred dividend declared at $0.36875 per depositary share

Negative

• None.

23rd Consecutive Year of Increases

ST. LOUIS, Nov. 13, 2025 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) unanimously agreed to increase the annual common stock dividend to $3.30 per share from $3.14 per share. The $0.16 per share increase brings the quarterly rate to $0.825, an increase of 5.1%.

"Spire's dividend increase speaks to the board's confidence in the company's long-term financial expectations and its growth strategy. We believe Spire will continue to be a compelling investment delivering sustainable value to shareholders," said Rob Jones, Spire board chair.

The dividend is payable on January 5, 2026, to shareholders of record on December 11, 2025. Spire has continuously paid a cash dividend since 1946, with 2026 marking the Company's 23^rd 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 17, 2026, to holders of record on January 26, 2026.

About Spire

At Spire Inc. (NYSE: SR) 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 1.7 million homes and businesses making us one of the largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing and Spire Midstream. 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 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

What dividend did Spire (SR) announce on November 13, 2025?

The board increased the annual common dividend to $3.30 per share, up $0.16 (5.1%) from $3.14.

When is the Spire (SR) common dividend payable and who is the record date?

The common dividend is payable January 5, 2026 to shareholders of record on December 11, 2025.

How many consecutive years has Spire (SR) increased its dividend?

Spire reported this is its 23rd consecutive year of annual common dividend increases.

What is the new quarterly common dividend per share for Spire (SR)?

The new quarterly common dividend is $0.825 per share.

Did Spire (SR) declare any preferred stock dividend and when is it payable?

Yes; the board declared a quarterly dividend of $0.36875 per depositary share on the 5.90% Series A preferred, payable February 17, 2026 to holders of record on January 26, 2026.

How many customers does Spire (SR) serve and which states does it operate in?

Spire serves approximately 1.7 million homes and businesses across Alabama, Mississippi and Missouri.