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November 20, 2012
18:07 EDTWGLWashington Gas' infrastructure replacement application approved
On November 15, the Virginia State Corporation Commission issued an order approving Washington Gas', a subsidiary of WGL Holdings (WGL), amended Steps to Advance Virginia's Energy, or SAVE plan. Under the plan, the company will recover approximately $191.4M in anticipated expenditures for the replacement of facilities over a five-year period beginning January 1, 2013. The previously authorized plan called for expenditures of $116.5M. Washington Gas projects the total calendar year annual expenditures for the amended SAVE Plan to be $40M in 2013; $40M in 2014; $37.1M in 2015; $37.1M in 2016 and $37.1M in 2017.
News For WGL From The Last 14 Days
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February 8, 2016
08:31 EDTWGLWGL Holdings raises annual dividend 10c per share to $1.95
The Board of Directors of WGL Holdings, the parent company of Washington Gas Light Company, on February 3, 2016, voted to increase the quarterly dividend on its common stock to 48.75c per share from 46.25c per share. This change increases the annualized dividend level to $1.95 per share from $1.85 per share. The new quarterly dividend amount will be effective for the next quarterly dividend, which is expected to be payable May 1, 2016 to shareholders of record on April 10, 2016.
February 5, 2016
16:22 EDTWGLWGL Holdings raises dividend to annualized level of $1.95 per share
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16:20 EDTWGLWGL Holdings backs FY16 EPS view $$3.00-$3.20, consensus $3.08
16:19 EDTWGLWGL Holdings reports Q1 operating EPS $1.18, consensus $1.25
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