Spire Raises Shareholders' Value, Hikes Quarterly Dividend by 5.1%

Key Takeaways Spire approved a quarterly dividend increase from 78.5 cents to 82.5 cents.The hike aligns with its long-term payout goals and decades-long dividend record.Rising capital spending and customer growth support Spire's ability to sustain payouts.Spire Inc. (SR) announced that its board of directors has approved a year-over-year increase in the quarterly dividend rate by 5.1% from 78.5 cents to 82.5 cents. The revised annual dividend will be $3.30 per share. The new quarterly dividend will be paya ...