Laclede Group (LG) Raises Quarterly Dividend 6.5% to $0.49; 3.4% Yield
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The Laclede Group Reports 2015 Results, Raises Dividend 6.5 Percent
November 24, 2015 7:00 AM ESTST. LOUIS, Nov. 24, 2015 /PRNewswire/ -- The Laclede Group, Inc. (NYSE: LG) ("Company" or "Laclede") today reported operating results for its fiscal 2015 full year and fourth quarter ended September 30. Highlights include:
Fiscal 2015 net economic earnings* ("NEE") increased 11 percent to $3.19 per diluted share Comparable fiscal 2015 GAAP earnings were $3.16 per share Quarterly dividend increased by 6.5 percent to $0.49 per share Fiscal 2016 NEE expected to be $3.34 - $3.44 per share, representing growth of 5 - 8 percent"We are successfully executing on our strategy and we are pleased to report... More
