Our employees continued to come together across our Company, standing strong to successfully exceed the new challenges and uncertainties presented in 2020. We embraced change and implemented improved solutions for our customers. As we performed our day-to-day activities without service interruptions, we expanded our businesses and entered into new markets. We initiated and completed business initiatives while ensuring the safety and well-being of our customers, communities and each other.
(dollars in thousands, except per share data)
|Operating Income from Continuing Operations||$112,723||$106,285||6%||$94,844||12%|
|Income from Continuing Operations||$70,642||$61,100||16%||$56,968||7%|
|Diluted Earnings Per Share:|
|From Continuing Operations||$4.21||$3.72||13%||$3.47||7%|
|Annualized Dividends Per Share||$1.76||$1.62||9%||$1.48||9%|
|Shares Outstanding at Year End||17,461,841||16,403,776||6%||16,378,545||-|
|Average Distribution Customers||277,580||255,623||9%||247,487||3%|
Our shared commitment and hard work continue to be exemplified by our superior performance and positive results.
The dedication of our employees positions us for growth opportunities year after year, and is reflected by the milestones achieved and accolades earned, especially during this unprecedented time. In today’s workplace, our employees have gone above and beyond mere compliance. We innovate with responsibility and integrity to provide safe and reliable delivery service and to use our understanding of technology to instill inclusiveness and to remain connected with our colleagues and external stakeholders. As a Company, we remain grounded and steadfastly focused on leading within the industry, growing our businesses and supporting our communities while shaping the future to facilitate sustainable practices and generate long-term value for our stakeholders.
Diluted Earnings Per Share from Continuing Operations
*2017 excludes one-time Tax Cuts & Jobs Act Benefit.
Earnings Per Share
Average Return on Equity from Continuing Operations
we achieved an
Annualized Dividends Per Share
Our Board of
Directors declared a
Annual Capital Expenditures
million in new Capital
Expenditures in 2020.
Average Annualized Shareholder Return
For periods ending December 31, 2020
earned in 2020 by
investors on their
or higher return
achieved for each
In the past 10
years, we have