Great Plains Energy (GXP) is keeping its dividend as level as the geographical feature in its company name. The company will distribute $0.2175 per share of its common stock on June 20 to shareholders of record as of May 20. This amount matches the company's previous two disbursements, the most recent of which was paid in March. Before that, Great Plains handed out $0.2125.
The new dividend annualizes to $0.87 per share. That yields 3.6% at the company's most recent closing stock price of $24.17.
The company is scheduled to unveil its Q1 2013 earnings on Thursday.