SALT LAKE CITY--(BUSINESS WIRE)--Questar Corp.’s (NYSE:STR) board of directors today approved a 5% increase in the quarterly common stock cash dividend to 22 cents ($0.22). The dividend, payable March 14, 2016, to shareholders of record on February 26, 2016, is a 1 cent ($0.01) increase from the previous quarter and results in a new annualized dividend rate of 88 cents ($0.88) per share. This is the company’s 285th consecutive dividend. Questar has increased the dividend 44 times in the last 44 years.
About Questar Corporation:
Questar is a Rockies-based integrated natural gas company with three complementary lines of business:
- Questar Gas Company provides retail gas distribution in Utah, Wyoming, and Idaho;
- Wexpro Company develops and produces natural gas from cost-of-service reserves for Questar Gas customers; and
- Questar Pipeline Company operates interstate natural gas pipelines and storage facilities in the western U.S. and provides other energy services.
Questar is headquartered in Salt Lake City, Utah.
For more information, visit Questar’s website at: http://www.questar.com.