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Questar Bumps Quarterly Dividend

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Questar (NYSE: STR  ) is opening its financial taps a little wider to return money to shareholders. The company has declared a dividend of $0.18 per share of its common stock, to be paid on June 10 to shareholders of record as of May 24. That amount is $0.01, or 6%, higher than the company's previous payout of $0.17. This was distributed in March.

In the press release announcing the upcoming payment, the company pointed out that this represents its 274th consecutive dividend. It also emphasized that it has increased its distribution 41 times over the last 41 years.

The new dividend annualizes to $0.72 per share. That yields 2.8% at Questar's current stock price of $25.44.


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Eric Volkman
TMFVolkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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Related Tickers

7/2/2015 4:04 PM
STR $21.34 Up +0.45 +2.15%
Questar Corp CAPS Rating: ***

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