The Board of Trustees of Eversource Energy (NYSE:ES) today approved a
quarterly dividend of $0.445 per share, payable on March 31, 2016, to
shareholders of record as of the close of business on March 2, 2016.
The March 2016 dividend represents a 6.6 percent increase over the
previous quarterly dividend level.
“This increase signals the confidence we have in our future growth and
underscores the return we are providing to our shareholders who each
year support our significant investment in New England’s electric and
natural gas delivery systems. In 2015 alone, our capital investments on
behalf of our customers totaled nearly $2 billion,” said Thomas J. May,
chairman, president and chief executive officer of Eversource Energy.
Eversource Energy operates New England’s largest energy delivery company
and is committed to safety, reliability, environmental leadership and
stewardship, as well as expanding energy options for approximately 3.6
million electric and natural gas customers in Connecticut, Massachusetts
and New Hampshire. It has approximately 317 million common shares
outstanding.
This news release includes statements concerning Eversource Energy’s
expectations, beliefs, plans, objectives, goals, strategies, assumptions
of future events, future financial performance or growth and other
statements that are not historical facts. These statements are
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. In some cases, readers
can identify these forward-looking statements through the use of words
or phrases such as “estimate,” “expect,” “anticipate,” “intend,” “plan,”
“project,” “believe,” “forecast,” “should,” “could,” and other similar
expressions. Forward-looking statements involve risks and
uncertainties that may cause actual results or outcomes to differ
materially from those included in the forward-looking statements. Factors
that may cause actual results to differ materially from those included
in the forward-looking statements include, but are not limited to, cyber
breaches, acts of war or terrorism, or grid disturbances; actions or
inaction of local, state and federal regulatory, public policy, and
taxing bodies; changes in business and economic conditions, including
their impact on interest rates, bad debt expense and demand for
Eversource Energy’s products and services, which could include
disruptive technology related to our current or future business model;
fluctuations in weather patterns; changes in laws, regulations or
regulatory policy; changes in levels or timing of capital expenditures;
disruptions in the capital markets or other events that make Eversource
Energy’s access to necessary capital more difficult or costly;
developments in legal or public policy doctrines; technological
developments; changes in accounting standards and financial reporting
regulations; actions of rating agencies; and other presently unknown or
unforeseen factors. Other risk factors are detailed from time to time in
the company’s reports filed with the Securities and Exchange Commission
(SEC) and are available on the SEC’s website at www.sec.gov.
Any forward-looking statement speaks only as of the date on which
such statement is made, and Eversource Energy undertakes no obligation
to update the information contained in any forward-looking statement to
reflect developments or circumstances occurring after the statement is
made or to reflect the occurrence of unanticipated events.
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