February 1, 2017 at 8:30 AM EST
WGL Holdings, Inc. Raises Annual Dividend $0.09 Per Share to $2.04; Marks the 41st Consecutive Annual Increase in Common Stock Dividend
"I am pleased to announce a 9-cent increase in our dividend to an annual
rate of $2.04 per share," said Terry
The company has one of the longest dividend payment records on the New York Stock Exchange with 166 years of dividend payments to shareholders.
Dividends on the utility's preferred stock also are payable May 1, 2017, to shareholders of record as of April 10, 2017.
This news release and other statements by us include forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 with respect to the amount of, and future payment of,
dividends, the outlook for earnings, revenues and other future financial
business performance or strategies and expectations. Forward-looking
statements are typically identified by words such as, but not limited
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forward-looking statements are based on reasonable assumptions, we
cannot give assurance that every objective will be achieved.
Forward-looking statements speak only as of today, and we assume no duty
to update them. Factors that could cause actual results to differ
materially from those expressed or implied include, but are not limited
to, general economic conditions and the factors discussed under the
"Risk Factors" heading in our most recent annual report on Form 10-K and
other documents that we have filed with, or furnished to, the
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