Connecticut Water Service (CTWS) Declares $0.2575 Quarterly Dividend; 3% Yield
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Go back to Connecticut Water Service (CTWS) Declares $0.2575 Quarterly Dividend; 3% Yield
May 8, 2015 9:30 AM EDT
CLINTON, Conn., May 8, 2015 (GLOBE NEWSWIRE) -- Shareholders of Connecticut Water Service, Inc. (Nasdaq: CTWS) overwhelmingly reelected two directors, elected two new directors, and ratified the Audit Committees selection of Baker Tilly Virchow Krause, LLP as independent auditors for 2015, at the Companys Annual Meeting of Shareholders held on May 7, 2015, in Madison, Connecticut.Â
Reelected to the board were Lisa J. Thibdaue and Carol P. Wallace, our Lead Director. Ms. Thibdaue served as Vice President, Regulatory and Governmental Affairs at Northeast Utilities from 2005 until her retirement on February 1, 2013. Ms. Wallace is Chairman, President... More
May 7, 2015 7:00 AM EDT
CLINTON, Conn., May 7, 2015 (GLOBE NEWSWIRE) -- Connecticut Water Service, Inc. (Nasdaq: CTWS) announced net income of $3.1 million, or earnings per basic average share (EPS) of $0.28, on total revenues of $21.7 million. Total revenues include revenues generated by the Companys three business segments: Water Activities, Service and Rentals, and Real Estate. In 2014, the Company had net income of $3.0 million, or $0.27 EPS, on total revenues of $22.0 million. In the first quarter of 2015 and 2014, there was no activity in the Real Estate segment.
Operating ResultsNet income in the Companys core business, the... More
