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Spire Increases Common Stock Dividend

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Spire Inc. (NYSE: SR) announced a 4.0% increase in its annual common stock dividend to $3.14 per share from $3.02 per share, raising the quarterly rate to $0.785. The dividend is payable on January 3, 2025, to shareholders of record on December 11, 2024. This marks Spire's 22nd consecutive year of dividend increases, with continuous cash dividend payments since 1946. Additionally, the company declared a quarterly dividend of $0.36875 per depositary share on its 5.90% Series A Preferred Stock, payable February 17, 2025.

Spire Inc. (NYSE: SR) ha annunciato un incremento del 4,0% del suo dividendo annuale per le azioni ordinarie, portandolo a $3.14 per azione rispetto a $3.02 per azione, elevando così il tasso trimestrale a $0.785. Il dividendo è pagabile il 3 gennaio 2025 agli azionisti registrati l'11 dicembre 2024. Questo segna il 22° anno consecutivo di aumenti del dividendo per Spire, con pagamenti di dividendi in contante continuativi dal 1946. Inoltre, la società ha dichiarato un dividendo trimestrale di $0.36875 per azione depositaria sulla sua azione preferenziale di Serie A con un tasso del 5.90%, pagabile il 17 febbraio 2025.

Spire Inc. (NYSE: SR) anunció un aumento del 4.0% en su dividendo anual de acciones ordinarias a $3.14 por acción, subiendo de $3.02 por acción, elevando la tasa trimestral a $0.785. El dividendo se pagará el 3 de enero de 2025 a los accionistas registrados el 11 de diciembre de 2024. Esto marca el 22° año consecutivo de aumentos en los dividendos de Spire, con pagos continuos de dividendos en efectivo desde 1946. Además, la compañía declaró un dividendo trimestral de $0.36875 por acción depositaria sobre su acción preferente de la Serie A con un interés del 5.90%, pagadero el 17 de febrero de 2025.

스파이어 주식회사 (NYSE: SR)는 연간 보통주 배당금을 주당 $3.14로 4.0% 인상했다고 발표했습니다. 이는 주당 $3.02에서 증가한 것으로, 분기 배당금은 $0.785로 조정되었습니다. 이 배당금은 2025년 1월 3일에 지급되며, 2024년 12월 11일 기준 주주에게 지급됩니다. 이는 스파이어의 22년 연속 배당금 인상을 의미하며, 1946년부터 계속해서 현금 배당금을 지급해오고 있습니다. 또한, 회사는 5.90% A급 우선주에 대해 분기 배당금 $0.36875를 선언했으며, 이는 2025년 2월 17일에 지급됩니다.

Spire Inc. (NYSE: SR) a annoncé une augmentation de 4,0% de son dividende annuel sur les actions ordinaires, le portant à $3.14 par action contre $3.02 par action, augmentant ainsi le taux trimestriel à $0.785. Le dividende sera payable le 3 janvier 2025 aux actionnaires inscrits au 11 décembre 2024. Cela marque la 22e année consécutive d'augmentation des dividendes pour Spire, avec des paiements de dividendes en espèces continus depuis 1946. De plus, la société a déclaré un dividende trimestriel de $0.36875 par action de dépôt sur ses actions préférentielles de série A à 5,90%, payable le 17 février 2025.

Spire Inc. (NYSE: SR) gab eine Erhöhung der jährlichen Dividende für Stammaktien um 4,0% auf $3.14 pro Aktie bekannt, von $3.02 pro Aktie, was die vierteljährliche Rate auf $0.785 anhebt. Die Dividende ist am 3. Januar 2025 an die Aktionäre auszuzahlen, die am 11. Dezember 2024 im Register stehen. Dies ist das 22. Jahr in Folge, in dem Spire die Dividende erhöht, mit ununterbrochenen Barauszahlungen seit 1946. Darüber hinaus erklärte das Unternehmen eine vierteljährliche Dividende von $0.36875 pro Depositaraktie seiner 5,90% Vorzugsaktien der Serie A, zahlbar am 17. Februar 2025.

Positive
  • 22-year track record of consecutive dividend increases
  • 4.0% increase in annual dividend from $3.02 to $3.14 per share
  • Continuous cash dividend payments since 1946 demonstrating financial stability
Negative
  • None.

22nd Consecutive Year of Increases 

ST. LOUIS, Nov. 14, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) unanimously agreed to increase the annual common stock dividend to $3.14 per share from $3.02 per share. The $0.12 per share increase brings the quarterly rate to $0.785, an increase of 4.0%.

"The board's vote to increase Spire's dividend reflects our confidence in both the company's financial position and its long-term growth strategy. Spire will continue to be a compelling investment delivering value to shareholders," said Rob Jones, chairman of the board of Spire.

The dividend is payable on January 3, 2025, to shareholders of record on December 11, 2024. Spire has continuously paid a cash dividend since 1946, with 2025 marking the Company's 22nd 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, 2025, to holders of record on January 24, 2025.

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 advancing through innovation. 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 is Spire's (SR) new annual dividend per share for 2025?

Spire's new annual dividend is $3.14 per share, increased from $3.02 per share, representing a 4.0% increase.

When is Spire's (SR) next dividend payment date in 2025?

Spire's next dividend payment is scheduled for January 3, 2025, for shareholders of record as of December 11, 2024.

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

Spire has increased its dividend for 22 consecutive years, with 2025 marking the latest increase.

What is Spire's (SR) new quarterly dividend rate?

Spire's new quarterly dividend rate is $0.785 per share, reflecting the 4.0% increase.

Spire Inc.

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