Spire Inc. Announces Record Dividend Increase for Investors in 2026

In a recent decision that underscores its long-term vision and commitment to shareholder value, Spire Inc. (NYSE: SR) has announced a substantial increase in its annual common stock dividend, raising it to $3.30 per share from $3.14. This increment reflects a rise of $0.16 per share, translating to a quarterly dividend of $0.825—a commendable 5.1% increase. The board's unanimous agreement on this dividend hike demonstrates Spire's robust confidence in its financial outlook and ongoing growth strategy.

Spire's board chair, Rob Jones, remarked, "The increase in dividends signifies our unwavering confidence in the company’s long-term financial prospects. It aligns with our belief that Spire represents an attractive investment opportunity that will continue to deliver sustainable value to our shareholders."

The enhanced dividend is set to be payable on January 5, 2026, to all shareholders on record as of December 11, 2025. This marks an impressive milestone for Spire, as it proudly continues a streak of dividend payments that began in 1946. Notably, 2026 will be the 23rd consecutive year the company has announced an annual increase in its common stock dividend.

Alongside the increase in common stock dividends, Spire's board also declared a regular quarterly dividend of $0.36875 per depositary share on its 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock. This dividend is scheduled for payment on February 17, 2026, the record date being January 26, 2026.

Overview of Spire

Spire Inc. operates with a belief that energy plays a crucial role in enhancing people's lives. This simple yet profound philosophy is at the heart of the company's operations, which serve approximately 1.7 million residential and commercial customers, making Spire one of the largest publicly traded natural gas service providers in America. The company's utilities fuel everyday life across Alabama, Mississippi, and Missouri—underscoring its vital role in local communities.

Beyond its traditional utilities, Spire's portfolio includes vital activities related to natural gas through its divisions, namely Spire Marketing and Spire Midstream. The company is staunchly focused on evolving its operations through organic growth, strategic investments in infrastructure, and a commitment to continuous improvement in service delivery.

As Spire continues to foster its reputation as a dependable business, this dividend increase acts as a clear signal of stability and resilience in the face of market fluctuations. Investors are encouraged to take note of this development as it provides insights into the company’s strong financial foundation and progressive business strategies. The increase not only rewards investors but also reaffirms Spire's dedication to long-term growth, establishing a promising outlook for future fiscal years.

For more detailed information about Spire and its initiatives, stakeholders can refer to their website at Spire Energy.

In summary, Spire Inc.’s recent announcement regarding its dividend increase showcases its commitment to shareholder value and reinforces its reputation as a reliable investment. With a long history of continuous dividend increases and a proactive approach to growth and sustainability, Spire is positioned to remain a key player in the utilities sector, instilling confidence among current and potential investors alike.