Vectren Corp. (VVC) Raises Quarterly Dividend 6.7% to $0.48; 2.7% Yield

Vectren Corp. (NYSE: VVC) declared a quarterly dividend of $0.48 per share, or $1.92 annualized. This is a 6.7% increase from the prior dividend of $0.45.

The dividend will be payable on December 3, 2018, to stockholders of record on November 15, 2018, with an ex-dividend date of November 14, 2018.

The annual yield on the dividend is 2.7 percent.

“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.”

For a dividend history and other dividend-related data on Vectren Corp. (VVC) click here.

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