25 November 2014
Looking back to first quarter reporting of 2006, they generated a 8.55 cent per share dividend – and they’ve reported a 16.5 cent per share dividend for the latest quarter. Between 2006 and now, its per share profit has increased over 40% – not bad, unless you’re one of the folks paying for this sort of profit.
Washington Gas Light is another for-profit utility company operating around the DC area. In the same period, their per share dividend went from 33.8 cents a share to 44 cents – a measly increase of only 31%.
Add a comment