What the board approved

Spire announced on November 12 that its board increased the common-stock dividend by 4.8%. The quarterly rate is $0.865 per share, equivalent to $3.46 annualized, compared with the previous $3.30 annual rate.

The declared dividend is payable on January 5, 2027, to shareholders of record on December 11, 2026. Those are separate dates: the announcement does not specify an ex-dividend date.

The company and the scope of the announcement

Spire supplies natural gas to homes and businesses through utilities in Alabama, Mississippi, Missouri and Tennessee. The company says 2027 will mark its 24th consecutive year of common-dividend increases on an annualized basis.

The announcement sets this shareholder payment and the new rate. It does not guarantee future declarations or establish a customer gas-price change.