Aqua America (WTR) Raises Quarterly Dividend 7.9% to $0.178; 2.8% Yield

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Aqua America Declares 7.9 Percent Cash Dividend Increase Payable September 1, 2015

August 4, 2015 11:39 AM EDT

25th increase in 24 years

BRYN MAWR, Pa.--(BUSINESS WIRE)-- The Board of Directors of Aqua America (NYSE: WTR) declared a quarterly cash dividend of $0.178 per share today, payable on September 1, 2015 to all shareholders of record on August 14, 2015.

The September 1, 2015 dividend will represent a $0.013, or 7.9 percent increase compared to the $0.165 cash dividend the company paid in June of this year. Aqua America has paid a quarterly cash dividend for 70 consecutive years, and this increase marks the 25th dividend increase in the past 24 years. At the... More