The Laclede Group Increases Dividend
Annualized Dividend Grows For 10th Consecutive Year
ST. LOUIS, Nov. 14, 2012
ST. LOUIS, Nov. 14, 2012 /PRNewswire/ --The Board of Directors of The Laclede
Group (NYSE: LG) increased the quarterly common stock dividend to $0.425 per
share from $0.415 per share, which raises the annualized rate by 2.4% to $1.70
per share.The dividend is payable on January 3, 2013, to shareholders of
record on December 11, 2012. Based on today's closing stock price, the new
annualized rate results in a dividend yield of 4.5%.
The Laclede Group has continuously paid a cash dividend since 1946, with 2013
marking the Company's 10th consecutive year of increasing its dividend on an
ABOUT THE LACLEDE GROUP, INC.
Headquartered in St. Louis, Missouri, The Laclede Group, Inc. is a public
utility holding company committed to providing reliable natural gas service
through its regulated core utility operations, while engaging in non-regulated
activities that provide opportunities for sustainable growth.Its subsidiary,
Laclede Gas Company, the regulated operations of which are included in the
Regulated Gas Distribution segment, serves approximately 628,000 residential,
commercial and industrial customers in St. Louis City and parts of 10 counties
in eastern Missouri. The Laclede Group's primary non-regulated business,
Laclede Energy Resources, Inc., is a non-regulated natural gas services
provider. For more information about The Laclede Group and its subsidiaries,
SOURCE The Laclede Group, Inc.
Contact: Scott W. Dudley, Jr., Investor Contact, +1-314-342-0878,
email@example.com; or Jessica B. Willingham, Media Contact,
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