Great Plains Energy (GXP) Declares $0.2625 Quarterly Dividend; 3.3% Yield

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Great Plains Energy Incorporated Declares Dividends

May 3, 2016 10:43 AM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Great Plains Energy (NYSE: GXP) today announced that its Board of Directors approved a quarterly dividend of $0.2625 per share on its common stock. The Companys annual dividend level is $1.05 per share. The common dividend will be payable June 20, 2016 to shareholders of record as of May 27, 2016. The shares will begin to trade ex-dividend on May 25, 2016. The Board of Directors also declared regular dividends on the Companys 3.80%, 4.20%, 4.35% and 4.50% series of preferred stock, payable September 1, 2016 to shareholders of record as of August 11, 2016. The shares will begin to trade ex-dividend on August 9, 2016.

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