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York Water hikes dividend yet another 4% in 2024

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The York Water Company (YORW) will hike its dividend by 4% in 2024. This brings the track record to 28 consecutive years of increases. YORW has hiked the dividend by 4% for 8 consecutive years .

York Water hikes dividend by 4%

On November 22, 2022, The York Water Company (YORW) announced that it will raise its quarterly dividend by another 4.0 percent to $0.2027 per share. This marks the 26th consecutive year of annual dividend increases by the water utility and follows similar dividend hikes in the previous couple of years. The next YORW dividend is payable January 17, 2023, to shareholders as of record date December 30, 2022. A new annual rate of approximately 81 cents per share yields 1.8% at a stock price of 45.38. This is the 608th consecutive dividend to be paid by The York Water Company. JT Hand, President and CEO stated, "2022 has been a tremendously productive year for the Company in terms of capital placement, customer growth, and expansion of territory. We are proud to say we have now increased our dividends for 26 consecutive years, reinforcing our commitment to create value for our shareholders while responsibly investing in our water and wastewater utility infrastructure." York Water,...

York Water hikes dividend by 4%

York Water hikes dividend by 4%

The York Water Company (YORW) will raise its quarterly dividend by another 4.0 percent to $0.1874 per share in the fourth quarter of 2020. This marks the 24th consecutive year of annual dividend increases by the water utility and follows similar dividend hikes in the previous two years. The next dividend is payable January 15, 2021 to shareholders as of record date December 31, 2020. A new annual rate of 75 cents per share yields 1.6% at a stock price of 47.11. In the press release dated November 23, 2020 the company announces the new dividend hike and provides comment on this latest action: This is the 600th consecutive dividend to be paid by The York Water Company and is the twenty- fourth consecutive year that the Company has increased its dividend. York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years. This is believed to be the longest record of consecutive dividends in America. "We are extremely proud to say The ...

York Water hikes dividend by 4%

The York Water Company (YORW) will raise its quarterly dividend by another 4.0 percent to $0.1802 per share in the fourth quarter of 2019. This marks the 23rd consecutive year of annual dividend increases by the water utility. The next dividend is payable January 15, 2020 to shareholders as of record date December 31, 2019. A new annual rate of 72.08 cents per share yields 1.6% at a stock price of 44.33. This is the 596th consecutive dividend to be paid by The York Water Company and is the twenty-third consecutive year that the Company has increased its dividend. York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years. This is believed to be the longest record of consecutive dividends in America. The York Water Company is an investor-owned water utility, impounding, purifying and distributing water. The company provides its customers within York and Adams Counties (Pennsylvania) with water, wastewater, and related servi...

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