Westar to pay quarterly dividend of 32 cents per share
Topeka ? The board of directors of Kansas-based utility Westar Energy Inc. has declared a quarterly dividend of 32 cents per share on its common stock.
The dividend is the same as the two previous quarterly dividends declared this year by Westar’s board.
But it is 3 percent higher than the quarterly dividends of 31 cents a share declared last year. The quarterly dividends bottomed out at 19 cents per share in 2004 but have been increasing since.
Westar has about 687,000 customers and is the largest electric utility in Kansas.
The latest dividend is payable on Oct. 3 to stockholders of record as of Sept. 9.
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