Spire Inc. Announces New Dividend for Investors
Spire Inc. has recently shared a significant update for its shareholders, marking yet another year of continuous growth. The company is proud to announce an increase in its annual common stock dividend, elevating it from $3.14 to $3.30 per share. This adjustment, an increase of $0.16, translates to a quarterly dividend of $0.825, representing a robust increase of 5.1%.
A Commitment to Shareholders
Rob Jones, the chair of Spire's board, expressed enthusiasm, stating, "Spire's dividend increase speaks to the board's confidence in the company's long-term financial expectations and its growth strategy. We believe Spire will continue to be a compelling investment delivering sustainable value to shareholders." This statement epitomizes Spire's philosophy of prioritizing shareholder value and stability.
Details of the Dividend Payment
The new dividend will be payable on January 5, 2026, to shareholders listed on the records as of December 11, 2025. This dividend increase is particularly noteworthy as it signifies Spire's 23rd consecutive year of annual dividend increases. Additionally, the board has declared a quarterly dividend of $0.36875 per depositary share for Spire's 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock, which will be payable on February 17, 2026, for record holders as of January 26, 2026.
About Spire Inc.
At Spire Inc., we hold a firm belief that energy is essential for enhancing people's lives. This core belief is what drives our operations every single day. Serving approximately 1.7 million homes and businesses, we proudly position ourselves as one of the largest publicly traded natural gas companies in the nation. Our extensive network of gas utilities across different states includes Alabama, Mississippi, and Missouri, ensuring that families and businesses can rely on us to fuel their everyday needs.
In addition to our utility services, our portfolio includes natural gas-related businesses such as Spire Marketing and Spire Midstream. We are relentless in our commitment to transforming our company through organic growth, infrastructure investment, and ongoing improvements. Spire Inc. consistently strives to innovate and adapt, aligning our vision with the evolving market demands to provide optimal service.
Investor and Media Contacts
For any inquiries, investors can reach out to Megan McPhail at 314-309-6563. Media inquiries can be directed to Jason Merrill at 314-342-3300. Our emphasis on transparent communication is pivotal in maintaining our strong relationship with shareholders and the community.
Frequently Asked Questions
What is the new dividend per share for Spire Inc.?
The new annual common stock dividend is set at $3.30 per share.
When will the new dividend be payable?
The dividend will be payable on January 5, 2026, to shareholders of record as of December 11, 2025.
How many consecutive years has Spire Inc. increased its dividend?
Spire Inc. has achieved its 23rd consecutive year of annual dividend increases.
Who can investors contact for more information?
Investors can reach out to Megan McPhail at 314-309-6563 for inquiries.
What markets does Spire Inc. serve?
Spire Inc. serves markets in Alabama, Mississippi, and Missouri, supporting 1.7 million homes and businesses.
