Facebook Twitter

QUESTAR INCREASES ITS DIVIDEND TO 291/2 CENTS A SHARE

SHARE QUESTAR INCREASES ITS DIVIDEND TO 291/2 CENTS A SHARE

Questar Corp. directors have approved a 1 cent per share increase in the energy company's common stock dividend to 291/2 cents per share, payable Sept. 11 to shareholders of record Aug. 18.

A spokesman said the increase represents a 3.5 percent rise in the dividend to an annual rate of $1.18 - a 4.2 percent yield based on a stock price of $28 per share.Directors of Questar subsidiary Mountain Fuel Supply Co. also approved quarterly dividend payments on Mountain Fuel's 8 per-cent and $8.625 series preferred stock. Payment date is Oct. 2 to holders of record Sept. 1.