Comprehensive Overview of Spire's Dividend Information and Market News Ahead of Its Jun 11, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Saturday, Jun 7, 2025 7:04 pm ET1min read

Spire Inc. (SR) has announced a dividend of $0.785 per share, set for distribution on Jul 2, 2025, with the ex-dividend date established as Jun 11, 2025. The announcement was made on Apr 24, 2025. This dividend is higher compared to the average of the last ten dividends, which was $0.477 per share. The dividend type is cash distribution. Previously, on Apr 2, 2025, distributed the same dividend of $0.785 per share, also as a cash dividend.

Recently, Spire Inc. has shown promising growth, attracting attention as a top growth stock for long-term investors. Spire has continued to expand its business through strategic investments, emphasizing infrastructure development and innovation. More than 90% of its profits stem from regulated operations, providing a stable outlook on future earnings. As of late, Spire's stock has been rated #3 (Hold) on the Zacks Rank with a VGM Score of A, reflecting the company’s balanced value, growth, and momentum. Notably, Spire forecasts a 9% year-over-year earnings growth for the current fiscal year, with recent upward revisions in earnings estimates by analysts.

Over the past week, Spire's strategic investments and expansion initiatives have contributed to a 6.3% rally in its share prices, contrasting with a 3.4% decline within the industry. Additionally, Spire Inc. has recently filed for a common stock offering of up to $123.6 million. This move is seen as a step towards bolstering its capital base, potentially enhancing its growth prospects further. Another significant development involves Stifel analysts reiterating a Buy rating on Spire Global stock, setting a price target of $17.00, reflecting positive sentiment and growth potential.

In conclusion, Spire Inc. is poised for growth, backed by strategic investments and a stable operational framework. Investors should note that the ex-dividend date on Jun 11, 2025, marks the last day to purchase shares to benefit from the upcoming dividend payment. Any acquisitions made after this date will not qualify for the dividend distribution.

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