Tag: Utilities
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New Jersey Resources (NJR) increases dividend by 5.6%, its 30th consecutive annual increase
The board of directors (the “Board”) of New Jersey Resources Corporation (NYSE: NJR) unanimously approved an increase in the quarterly dividend rate to $0.475 per share from $0.45 per share. The new quarterly rate will be effective with the dividend payable October 1, 2025 to shareowners of record on September 22, 2025. The new annual…
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Dividend King, Black Hills Corporation (BKH), announces merger with NorthWestern Energy (NWE)
Black Hills Corporation (NYSE: BKH) and NorthWestern Energy (NYSE: NWE) announced plans to merge in an all-stock deal valued at approximately $15.4 billion. The combined company will serve about 2.1 million customers across eight states, including Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota, and Wyoming. Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group,…
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Eversource Energy (ES) increases dividend by 5.2%, its 25th consecutive annual increase
The Board of Trustees of Eversource Energy (NYSE:ES) today approved a quarterly dividend of $0.7525 per share, payable on March 31, 2025, to shareholders of record as of the close of business on March 4, 2025. Eversource (NYSE: ES), celebrated as a national leader for its corporate citizenship, is recognized as the electricity and natural…
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Black Hills Corp (BKH) increases dividend by 4%, its 54th consecutive annual increase
Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.676 per share, an increase of $0.026 per share over last quarter’s dividend. Common shareholders of record at the close of business on Feb. 18, 2025, will receive $0.676 per share, payable March 1, 2025. “This dividend increase…
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Consolidated Edison (ED) increases dividend by 2.4%, its 51st consecutive annual increase
Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 85 cents a share on its common stock, payable March 14, 2025 to stockholders of record as of February 19, 2025, an annualized increase of 8 cents over the previous annualized dividend of $3.32 a share. “The 51st consecutive annual dividend increase for stockholders extends our record for the longest period of consecutive…
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WEC Energy Group (WEC) increases dividend by 6.9%, its 21st consecutive annual increase
The board of directors of WEC Energy Group (NYSE: WEC) today announced that it is planning to raise the quarterly dividend on the company’s common stock to 89.25 cents per share in the first quarter of 2025. This would represent an increase of 5.75 cents per share, or 6.9 percent. The directors expect to declare the…