Great Plains Energy Incorporated Declares Dividends
May 02 2017 - 9:55AM
Business Wire
Great Plains Energy (NYSE: GXP) today announced that its Board
of Directors approved a quarterly dividend of $0.2750 per share on
its common stock. The Company’s current annual dividend level is
$1.10 per share. The common dividend will be payable June 20, 2017
to shareholders of record as of May 30, 2017. The shares will begin
to trade ex-dividend on May 25, 2017.
The Board of Directors also declared a quarterly dividend on the
Company’s 7.00% Series B Mandatory Convertible Preferred Stock. The
dividend will be payable June 15, 2017 to shareholders of record as
of June 1, 2017. The shares will begin to trade ex-dividend on May
30, 2017.
About The Companies:
Headquartered in Kansas City, Mo., Great Plains Energy
Incorporated is the holding company of Kansas City Power &
Light Company (KCP&L) and KCP&L Greater Missouri Operations
Company, two of the leading regulated providers of electricity in
the Midwest. KCP&L and KCP&L Greater Missouri Operations
Company use KCP&L as a brand name. More information about the
companies is available on the Internet at:
www.greatplainsenergy.com or www.kcpl.com.
Forward-Looking
Statements:
Statements made in this communication that are not based on
historical facts are forward-looking within the meaning of the
Private Securities Litigation Reform Act of 1995, may involve risks
and uncertainties, and are intended to be as of the date when made.
The forward-looking statements contained herein include, but are
not limited to, information regarding Great Plains Energy’s
dividend program and future payment obligations.
The list of factors that could cause actual
results to differ materially from the forward-looking statements
made by Great Plains Energy include those items discussed in Great
Plains Energy’s 2016 Annual Report on Form 10-K and other
factors discussed in filings with the Securities and Exchange
Commission (“SEC”) by Great Plains Energy. Readers are cautioned
not to place undue reliance on these forward-looking
statements, which apply only as of the date of this press release.
Great Plains Energy undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20170502006012/en/
Great Plains
EnergyInvestors:Calvin Girard, 816-654-1777Senior
Manager, Investor Relationscalvin.girard@kcpl.comorMedia:Katie
McDonald, 816-556-2365Senior Director, Corporate
Communicationskatie.mcdonald@kcpl.com
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