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The Empire District Electric Company Message Board

  • lookforprofit lookforprofit Nov 19, 2003 1:55 AM Flag

    Dividend Coverage

    EDE appears to pay virtually 100% of its earnings in dividends. I see it has been doing this for at least 12 years, suggesting it is business as usual, but most utes would cut the dividend in this situation. Can someone please explain how/why EDE does it? Thx. (I haven't bought yet.)

33.73+0.17(+0.51%)Jul 29 4:02 PMEDT