Great Plains Energy (GXP) Declares $0.2625 Quarterly Dividend; 3.5% Yield

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Great Plains Energy Incorporated Declares Dividends

August 2, 2016 9:47 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 September 20, 2016 to shareholders of record as of August 29, 2016. The shares will begin to trade ex-dividend on August 25, 2016.

As previously announced on June 24, 2016, Computershare Trust Company, N.A., sent a redemption notice on behalf of Great Plains Energy to holders of record of Great Plains Energys (i) 3.80% Cumulative Preferred Stock (3.80% Preferred), (ii) 4.50%... More