WGL Holdings (WGL) Raises Quarterly Dividend 1% to $0.515; 2.5% Yield

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WGL Holdings, Inc. Raises Annual Dividend $0.02 Per Share to $2.06

March 1, 2018 8:30 AM EST

Represents the 43rd Consecutive Annual Increase in Common Stock Dividend

WASHINGTON--(BUSINESS WIRE)-- The Board of Directors of WGL Holdings, Inc. (NYSE: WGL), the parent company of Washington Gas Light Company (Washington Gas), on February 22, 2018, voted to increase the annualized dividend on its common stock by 2-cents to $2.06 per share from $2.04 per share. The Board of Directors also declared a regular quarterly dividend of $0.515 per share of common stock. The quarterly dividend is payable May 1, 2018, to shareholders of record on April 10, 2018.

With this dividend increase,... More