Summary
On April 24, 2025, Spire Inc (SR, Financial) announced that its board of directors has declared a quarterly common stock dividend of $0.785 per share, payable on July 2, 2025, to shareholders of record as of June 11, 2025. Additionally, the board declared a regular quarterly dividend of $0.36875 per depositary share on its 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock, payable on August 15, 2025, to holders of record on July 25, 2025. Spire has been consistently paying cash dividends since 1946, with 2025 marking the 22nd consecutive year of increasing its common stock dividend annually.
Positive Aspects
- Spire Inc has a long history of consistent dividend payments, dating back to 1946.
- The company has increased its common stock dividend for 22 consecutive years, demonstrating financial stability and commitment to shareholder returns.
- Spire serves a large customer base of 1.7 million homes and businesses, making it one of the largest publicly traded natural gas companies in the U.S.
Negative Aspects
- The press release does not provide information on the company's financial performance or future outlook, which could be important for investors.
- There is no mention of any strategic initiatives or growth plans beyond dividend payments.
Financial Analyst Perspective
From a financial analyst's perspective, Spire Inc's consistent dividend payments and annual increases are indicative of a stable cash flow and a strong commitment to returning value to shareholders. The company's ability to maintain and increase dividends over decades suggests robust financial health and effective management. However, the lack of detailed financial performance data in the press release limits a comprehensive analysis of the company's current financial standing and future growth potential.
Market Research Analyst Perspective
As a market research analyst, Spire Inc's position as one of the largest publicly traded natural gas companies in the U.S. is noteworthy. The company's extensive customer base across Alabama, Mississippi, and Missouri provides a solid foundation for revenue generation. However, the press release lacks insights into market trends, competitive positioning, or strategic initiatives that could impact Spire's market share and growth trajectory. Understanding these factors is crucial for assessing the company's long-term market potential.
Frequently Asked Questions
Q: When is the common stock dividend payable?
A: The common stock dividend is payable on July 2, 2025.
Q: What is the dividend amount for the common stock?
A: The dividend amount for the common stock is $0.785 per share.
Q: When is the record date for the common stock dividend?
A: The record date for the common stock dividend is June 11, 2025.
Q: What is the dividend amount for the preferred stock?
A: The dividend amount for the preferred stock is $0.36875 per depositary share.
Q: When is the preferred stock dividend payable?
A: The preferred stock dividend is payable on August 15, 2025.
Read the original press release here.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
Also check out: (Free Trial)
