Vectren Corp. (VVC) Misses Q3 EPS by 14c; Guides FY15, FY16 EPS
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Vectren Corporation Reports Third Quarter 2015 Results; Updates 2015 Guidance; Initiates 2016 Consolidated Earnings Expectations
November 5, 2015 5:33 PM ESTEVANSVILLE, IN -- (Marketwired) -- 11/05/15 -- Vectren Corporation (NYSE: VVC) today reported third quarter 2015 net income of $39.3 million, or $0.48 per share, compared to net income of $49.4 million, or $0.60 per share, in the third quarter of 2014. For the nine months ended Sept. 30, 2015, net income was $132.1 million or $1.60 per share compared to $131.8 million, or $1.60 per share for the nine months ended Sept. 30, 2014. The 2014 results exclude the results of Coal Mining as the company sold its wholly owned coal mining subsidiary, Vectren Fuels, in Aug. 2014. Consolidated results, as reported, for the third quarter of 2014, were net income of $47.3... More
Vectren Increases Dividend 5.3 Percent; Continues Higher Dividend Growth Trend
November 5, 2015 4:15 PM ESTEVANSVILLE, IN -- (Marketwired) -- 11/05/15 -- Vectren Corporation (NYSE: VVC) announced the Board of Directors has declared a quarterly dividend of $0.40 per share, up 5.3 percent from the current quarterly dividend of $0.38 per share. The quarterly dividend will be payable December 1, 2015, to shareholders of record at the close of business on November 16, 2015.
"Last November, we updated our long-term financial targets, including an... More
