Our company had an outstanding 2014! We accomplished key goals for our customers, our generating fleet and you, our investors. We made great progress in our stewardship of the environment and continued service to our communities.
We paid out an annual dividend of $2.04 per share. This represents an increase of 9% over the previous annual rate. Effective with the February dividend, we have paid a dividend for 277 straight quarters. The market value of our company surpassed $7 billion for the first time in 2014, and our share price ended the year 29% higher than the close of 2013.
When combining our strong stock performance and dividend payout over the last five years, we delivered a higher return than you would have earned by investing in the S&P 500 Index or the Edison Electric Institute Stock Index. As we look ahead, we remain focused on providing our customers with safe and reliable energy, transforming our generating fleet and utilizing natural resources wisely.
Learn more about our company’s 2014 accomplishments and financial results.
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