WGL Holdings (WGL) Raises Quarterly Dividend 4.6% to $0.51; 2.5% Yield

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Go back to WGL Holdings (WGL) Raises Quarterly Dividend 4.6% to $0.51; 2.5% Yield

WGL Holdings, Inc. Raises Annual Dividend $0.09 Per Share to $2.04; Marks the 41st Consecutive Annual Increase in Common Stock Dividend

February 1, 2017 8:30 AM EST

WASHINGTON--(BUSINESS WIRE)-- The Board of Directors of WGL Holdings, Inc. (NYSE: WGL), the parent company of Washington Gas Light Company (Washington Gas), on January 31, 2017, voted to increase the annualized dividend on its common stock to $2.04 per share from $1.95 per share. The Board of Directors also declared a regular quarterly dividend of $0.51 per share of common stock. The quarterly dividend is payable May 1, 2017 to shareholders of record on April 10, 2017.

"I am pleased to announce a 9-cent increase in our dividend to an annual rate of $2.04 per share," said Terry D. McCallister, Chairman and Chief... More