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Updated: 9:54 a.m. Thursday, Dec. 10, 2009 | Posted: 9:53 a.m. Thursday, Dec. 10, 2009
Staff Report
DAYTON — DPL Inc.’s board of directors increased the quarterly dividend for the company’s common stock from 28.5 cents to 30.25 cents per share, effective with the next dividend declaration date.
The board’s action, announced on Wednesday, Dec. 9, increases the total annual dividend to shareholders to $1.21 per common share, up from $1.14.
“Given the company’s strong performance and the board’s confidence in DPL’s future outlook, we have increased the dividend for the fifth consecutive year,’ said Glenn Harder, chairman of the board.
DPL owns the Dayton Power and Light Co.
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