Spire Inc. Declares Quarterly Dividend
On April 24, 2025, Spire Inc. (NYSE: SR) announced a quarterly common stock dividend of $0.785 per share, which will be distributed on July 2, 2025. This significant announcement underscores Spire's long-standing dedication to delivering value to its shareholders. The dividend will be payable to all shareholders registered by June 11, 2025.
Since 1946, Spire has consistently provided cash dividends, showcasing a rich history of unwavering commitment to returning profits to its investors. With this recent declaration, 2025 marks the company's impressive 22nd consecutive year of increasing its common stock dividend on an annualized basis, solidifying its reputation as a reliable player in the utilities sector.
In addition to the common stock dividend, the board also declared a quarterly dividend of $0.36875 per depositary share on Spire's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock. This payment is set for August 15, 2025, and will also reward holders registered by July 25 of the same year.
About Spire Inc.
Spire Inc. is a leading natural gas provider, committed to enhancing the lives of its customers. The company serves approximately 1.7 million homes and businesses, making it one of the largest publicly traded natural gas utilities in the United States. Operating in Alabama, Mississippi, and Missouri, Spire focuses on delivering reliable energy solutions to fuel everyday activities. Beyond its core utility offerings, Spire also engages in business segments like Spire Marketing and Spire Midstream, demonstrating its commitment to growth and innovation in the energy market.
The company’s strategic initiatives revolve around sustainable growth through organic development, infrastructure investment, and innovative solutions hereafter. By fostering a customer-centric approach, Spire aims to transform and adapt to the evolving energy landscape while holding true to its dedication to its shareholders and communities.
Shareholder confidence remains high as Spire plans to continue its dividend growth and elevate investments in infrastructure, which is crucial in sustaining reliable utility services.
Investors and analysts were quick to acknowledge this move, reflecting positively on Spire's ongoing performance and long-term growth potential. As the company positions itself for future challenges, its historical ability to reward investors through dividends will likely remain a cornerstone of its operational strategy.
For further information on Spire’s performance or investor relations, interested parties can contact:
In conclusion, Spire Inc.’s dedication to returning value to its shareholders through consistent dividend payments not only highlights its successful business model but also reassures investors of its commitment to stability and growth in the natural gas sector. As the company continues to innovate and enhance its services, its legacy of shareholder returns is sure to be a defining aspect of its future.