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Empire District Electric Q1 Profit Rises

Empire District Electric Co. (EDE) Thursday reported first-quarter profit of $12.6 million or $0.30 per share, up from $9.8 million or $0.23 per share last year.

Revenues for the quarter grew to $93.9 million from $83.3 million last year.

The company declared a quarterly dividend of $0.25 per share, payable June 17 to shareholders as of June 3.

Looking forward to the full year 2013, the company maintained its earnings guidance range of $1.26 to $1.43 per share.

by RTTNews Staff Writer

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