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Empire District Electric Company announces 2013 Earnings - KOAM TV 7

Empire District Electric Company announces 2013 Earnings

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NEWS RELEASE ISSUED BY EMPIRE DISTRICT ELECTRIC COMPANY

JOPLIN, MO, February 6, 2014 - (NYSE:EDE) At the Board of Directors meeting of The Empire District Electric Company held today, the Directors declared a quarterly dividend of $0.255 per share. The dividend is payable March 17, 2014, to holders of record as of March 3, 2014. The Company, an operator of regulated electric, gas and water utilities, also announced results for the quarter and year ended December 31, 2013.

The Company reported consolidated earnings for the year ended December 31, 2013 of $63.4 million, or basic and diluted earnings per share of $1.48. This compares to 2012 earnings of $55.7 million, or $1.32 per share. Earnings for the 2013 fourth quarter were $15.2 million, or $0.35 per share, compared with 2012 fourth quarter earnings of $9.6 million, or $0.23 per share.

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