Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates in two segments, Gas Utility and Gas Marketing. It is also involved in the marketing of natural gas. In addition, the company engages in the transportation of propane through its propane pipeline; compression of natural gas; risk management; and other activities. Further, it provides physical natural gas storage services. The company was formerly known as The Laclede Group, Inc. and changed its name to Spire Inc. in April 2016. Spire Inc. was founded in 1857 and is based in St. Louis, Missouri.
Spire Dividend Announcement
• Spire announced a quarterly dividend of $0.79 per ordinary share which will be made payable on 2025-01-03. Ex dividend date: 2024-12-11
• Spire annual dividend for 2024 was $3.05
• Spire annual dividend for 2023 was $2.92
• Spire's trailing twelve-month (TTM) dividend yield is 3.22%
• Spire's payout ratio for the trailing twelve months (TTM) is 72.50%
• Spire's dividend growth over the last five years (2018-2023) was 5.04% year
• Spire's dividend growth over the last ten years (2013-2023) was 5.45% year
Spire Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-11 | $0.79 | quarterly | 2025-01-03 |
2024-09-11 | $0.76 | quarterly | 2025-01-03 |
2024-06-11 | $0.76 | quarterly | 2024-07-02 |
2024-03-08 | $0.76 | quarterly | 2024-04-02 |
2023-12-08 | $0.76 | quarterly | 2024-01-03 |
2023-09-08 | $0.72 | quarterly | 2023-10-03 |
2023-06-09 | $0.72 | quarterly | 2023-07-05 |
2023-03-09 | $0.72 | quarterly | 2023-04-04 |
2022-12-09 | $0.72 | quarterly | 2023-01-04 |
2022-09-09 | $0.69 | quarterly | 2022-10-04 |
2022-06-09 | $0.69 | quarterly | 2022-07-05 |
2022-03-10 | $0.69 | quarterly | 2022-04-04 |
2021-12-09 | $0.69 | quarterly | 2022-01-04 |
2021-09-09 | $0.65 | quarterly | 2021-10-04 |
2021-06-10 | $0.65 | quarterly | 2021-07-02 |
2021-03-10 | $0.65 | quarterly | 2021-04-02 |
2020-12-10 | $0.65 | quarterly | 2021-01-05 |
2020-09-10 | $0.62 | quarterly | 2020-10-02 |
2020-06-10 | $0.62 | quarterly | 2020-07-02 |
2020-03-10 | $0.62 | quarterly | 2020-04-02 |
2019-12-10 | $0.62 | quarterly | 2020-01-03 |
2019-09-10 | $0.59 | quarterly | 2019-10-02 |
2019-06-10 | $0.59 | quarterly | 2019-07-02 |
2019-03-08 | $0.59 | quarterly | 2019-04-02 |
2018-12-10 | $0.59 | quarterly | 2019-01-03 |
2018-09-10 | $0.56 | quarterly | 2018-10-02 |
2018-06-08 | $0.56 | quarterly | 2018-07-03 |
2018-03-09 | $0.56 | quarterly | 2018-04-03 |
2017-12-08 | $0.56 | quarterly | 2018-01-03 |
2017-09-08 | $0.53 | quarterly | 2017-10-03 |
2017-06-08 | $0.53 | quarterly | 2017-07-05 |
2017-03-08 | $0.53 | quarterly | 2017-04-04 |
2016-12-08 | $0.53 | quarterly | 2017-01-04 |
2016-09-08 | $0.49 | quarterly | 2016-10-04 |
2016-06-08 | $0.49 | quarterly | 2016-07-05 |
2016-03-09 | $0.49 | quarterly | 2016-04-04 |
2015-12-09 | $0.49 | quarterly | 2016-01-05 |
2015-09-09 | $0.46 | quarterly | 2015-10-02 |
2015-06-09 | $0.46 | quarterly | 2015-07-02 |
2015-03-09 | $0.46 | quarterly | 2015-04-02 |
2014-12-09 | $0.46 | quarterly | 2015-01-05 |
2014-09-09 | $0.44 | quarterly | 2014-10-02 |
2014-06-09 | $0.44 | quarterly | 2014-07-02 |
2014-03-07 | $0.44 | quarterly | 2014-04-02 |
2013-12-09 | $0.44 | quarterly | 2014-01-03 |
2013-09-09 | $0.42 | quarterly | 2013-10-02 |
2013-06-07 | $0.42 | quarterly | 2013-07-02 |
2013-03-07 | $0.42 | quarterly | 2013-04-02 |
Spire Dividend per year
Spire Dividend growth
Spire Dividend Yield
Spire current trailing twelve-month (TTM) dividend yield is 3.22%. Interested in purchasing Spire stock? Use our calculator to estimate your expected dividend yield:
Spire Financial Ratios
Spire Dividend FAQ
Other factors to consider when evaluating Spire as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Spire's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Spire publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Spire distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Spire are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Spire sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Spire distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Spire declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Spire's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Spire's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.