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WGL Holdings (NYSE:WGL) announced a quarterly dividend on Friday, February 7th, American Banking News reports. Stockholders of record on Thursday, April 10th will be paid a dividend of 0.44 per share on Thursday, May 1st. This represents a $1.76 annualized dividend and a dividend yield of 4.81%. The ex-dividend date is Tuesday, April 8th. This is a boost from WGL Holdings’s previous quarterly dividend of $0.42.

A number of research firms have recently commented on WGL. Analysts at Zacks upgraded shares of WGL Holdings from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, January 20th. They now have a $39.30 price target on the stock. Finally, analysts at Brean Capital downgraded shares of WGL Holdings from a “buy” rating to a “hold” rating in a research note to investors on Thursday, November 14th. They now have a $46.00 price target on the stock. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. The company has a consensus rating of “Hold” and an average price target of $43.08.

Shares of WGL Holdings (NYSE:WGL) traded down 0.25% on Friday, hitting $36.56. 407,952 shares of the company’s stock traded hands. WGL Holdings has a one year low of $35.35 and a one year high of $46.96. The stock has a 50-day moving average of $38.53 and a 200-day moving average of $41.66. The company has a market cap of $1.894 billion and a price-to-earnings ratio of 23.65.

WGL Holdings (NYSE:WGL) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $1.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.02 by $0.12. Analysts expect that WGL Holdings will post $2.26 EPS for the current fiscal year.

WGL Holdings, Inc (NYSE:WGL) is a holding company.

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