Westar Energy Inc(NYSE:WR) Declares Dividend of $0.3800.

Westar Energy Inc (NYSE:WR) had declared a cash dividend of $0.3800 on Nov 23, 2016. The shares will quote ex-dividend on Dec 7, 2016 and the record date has been fixed for Dec 9, 2016. On Nov 23, 2016 share price, the yield comes out to be 2.6667%. The dividend payable date has been fixed on Jan 3, 2017.

Westar Energy Inc (WR) made into the market gainers list on Fridays trading session with the shares advancing 0.18% or 0.1 points. Due to strong positive momentum, the stock ended at $57.08, which is also near the day’s high of $57.275. The stock began the session at $57.08 and the volume stood at 5,59,112 shares. The 52-week high of the shares is $57.49 and the 52 week low is $40. The company has a current market capitalization of $8,093 M and it has 14,17,86,010 shares in outstanding.

Westar Energy Inc(WR) last announced its earnings results on Nov 1, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $764.65M. Analysts had an estimated revenue of $777.13M. Earnings per share were $1.08. The reported EPS was above estimates by $0.04 or 3.85%. Analysts had estimated an EPS of $1.04.

Several Insider Transactions has been reported to the SEC. On Mar 11, 2016, Greg A Greenwood (SVP, Strategy) sold 5,000 shares at $46.90 per share price.Also, On Mar 9, 2016, Kevin L. Kongs (Vice President, Controller) sold 1,000 shares at $44.00 per share price.On Nov 30, 2015, Jerl L. Banning (SVP, Oper. Support & Admin.) sold 2,500 shares at $42.45 per share price, according to the Form-4 filing with the securities and exchange commission.

Westar Energy Inc. (Westar Energy) is an electric utility in Kansas. The Company provides electric generation transmission and distribution services to approximately 693000 customers in Kansas. The Company provides these services in central and northeastern Kansas including the cities of Topeka Lawrence Manhattan Salina and Hutchinson. Kansas Gas and Electric Company (KGE) Westar Energy’s wholly owned subsidiary provides the services in south-central and southeastern Kansas including the city of Wichita. Both Westar Energy and KGE conduct business using the name Westar Energy. The Company supplies electric energy at retail to customers in Kansas. The Company also supplies electric energy at wholesale to municipalities and electric cooperatives in Kansas. The Company classifies it customer as residential commercial and industrial. It has around 6645 megawatts (MW) of generating capacity in service. Its installed wind power generation capacity is around 515 MW.

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