Vectren Increases Dividend 6.7 Percent; Marks 59th Consecutive Year of Dividend Increases
01 Novembre 2018 - 9:15PM
Vectren Corporation (NYSE: VVC) announced the Board of Directors
has declared a quarterly dividend of $0.48 per share, up 6.7
percent from the current quarterly dividend of $0.45 per share.
This equates to an annualized dividend of $1.92 per share, up from
the current annualized dividend of $1.80 per share. The quarterly
dividend will be payable December 3, 2018, to shareholders of
record at the close of business on November 15, 2018.
“The dividend increase, marking the 59th consecutive year
Vectren and its predecessor companies have increased the annual
dividends paid, is the result of our continued successful execution
of key strategic initiatives,” said Carl Chapman, chairman,
president and CEO of Vectren Corporation. “Over the years, we have
recognized the value of our long history of dividend growth and the
role it has played in delivering above average shareholder
returns.”
About VectrenVectren Corporation (NYSE: VVC) is
an energy holding company headquartered in Evansville, Ind.
Vectren’s energy delivery subsidiaries provide gas and/or
electricity to more than 1 million customers in adjoining service
territories that cover nearly two-thirds of Indiana and about 20
percent of Ohio, primarily in the west central area. Vectren’s
nonutility subsidiaries and affiliates currently offer
energy-related products and services to customers throughout the
U.S. These include infrastructure services and energy services. To
learn more about Vectren, visit www.vectren.com.
Investor Contact
Dave Parker, (812) 491-4135,
d.parker@vectren.comMedia Contact
Natalie
Hedde, (812) 491-5105, nhedde@vectren.com
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