Empire District Electric (EDE) Declares $0.26 Quarterly Dividend; 3% Yield

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Go back to Empire District Electric (EDE) Declares $0.26 Quarterly Dividend; 3% Yield

The Empire District Electric Company Reports Third Quarter 2016 Earnings; Declares Quarterly Dividend

October 27, 2016 4:40 PM EDT

JOPLIN, Mo.--(BUSINESS WIRE)-- At the Board of Directors meeting of The Empire District Electric Company (NYSE: EDE) (the Company) held today, the Directors declared a quarterly dividend of $0.26 per share. The dividend is payable December 15, 2016, to holders of record as of December 1, 2016. The Company, an operator of regulated electric, gas and water utilities, announced today the results for the quarter and twelve months ended September 30, 2016.

Highlights:

Consolidated earnings for the third quarter ended September 30, 2016 were $27.5 million, or $0.62 per share, inclusive of $0.3 million of pre-tax merger costs. Earnings for... More