WGL Holdings (WGL) Raises Annual Dividend 5.4% to $0.4875; 0.7% Yield
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WGL Holdings, Inc. Raises Annual Dividend $0.10 Per Share to $1.95; 40th Consecutive Annual Increase in Common Stock Dividend
February 8, 2016 8:30 AM ESTWASHINGTON--(BUSINESS WIRE)-- The Board of Directors of WGL Holdings, Inc. (NYSE: WGL), the parent company of Washington Gas Light Company (Washington Gas), on February 3, 2016, voted to increase the quarterly dividend on its common stock to $0.4875 per share from $0.4625 per share. This change increases the annualized dividend level to $1.95 per share from $1.85 per share.
I am excited to announce a 10-cent increase in our dividend to an annual rate of $1.95 per share, said Terry D. McCallister, Chairman and Chief Executive Officer of WGL Holdings, Inc. The 5% increase reflects confidence in our strategic plan and our commitment to... More
