Vectren Declares Quarterly Dividend
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EVANSVILLE, IN -- (Marketwired) -- 08/05/15 -- Vectren Corporation (NYSE: VVC) announced the Board of Directors declared a quarterly common stock dividend of 38 cents per share, unchanged from the prior quarter. The dividend will be payable September 1, 2015 to shareholders of record at the close of business on August 17, 2015.
Last November, Vectren increased its quarterly dividend 5.6 percent, extending Vectren and predecessor companies' record of increasing annual dividends paid to 55 consecutive years. The 5.6 percent increase was consistent with the Company's announced target of an annual dividend increase aligned with consolidated earnings growth, both currently targeted at 5 to 7 percent, and a dividend payout target of 60 percent.
About Vectren
Vectren 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 west central Ohio. 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:Naveed [email protected] Media contact:Chase [email protected]
Source: Vectren Corporation
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