USA: Questar Increases Quarterly Dividend 9%

Questar Corp.’s board of directors approved a 9% increase in the quarterly common-stock dividend to 15.25 cents ($0.1525).

The dividend, payable March 21, 2011, to shareholders of record on March 4, 2011, is a 1.25-cent ($.0125) increase from the previous quarter.

This is the company’s 265th consecutive quarterly dividend. Questar has increased its dividend 38 times in the last 39 years.

About Questar Corporation

Questar is a Rockies-based integrated natural gas company with an enterprise value of about $4.3 billion and three complementary lines of business:

• Wexpro Company develops and produces natural gas from cost-of service reserves for Questar Gas customers;

• Questar Pipeline Company operates interstate natural gas pipelines and storage facilities in the western U.S., and;

• Questar Gas Company provides retail natural gas distribution in Utah, Wyoming, and Idaho.

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Source: Questar, February 21, 2011;