WGL Holdings (WGL) Raises Quarterly Dividend 4.6% to $0.51; 2.5% Yield

WGL Holdings (NYSE: WGL) declared a quarterly dividend of $0.51 per share, or $2.04 annualized. This is a 4.6% increase from the prior dividend of $0.4875.

The dividend will be payable on May 1, 2017, to stockholders of record on April 10, 2017, with an ex-dividend date of April 6, 2017.

The annual yield on the dividend is 2.5 percent.

"I am pleased to announce a 9-cent increase in our dividend to an annual rate of $2.04 per share," said Terry D. McCallister, Chairman and Chief Executive Officer of WGL Holdings, Inc. "The 5% increase reflects a dedication to delivering sustainable dividend growth for investors and a firm commitment to our strategic vision. Today represents 41 consecutive years that we have raised the cash dividend on our common stock.”

For a dividend history and other dividend-related data on WGL Holdings (WGL) click here.

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