Connecticut Water Service (CTWS) Declares $0.2675 Quarterly Dividend; 3% Yield

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Go back to Connecticut Water Service (CTWS) Declares $0.2675 Quarterly Dividend; 3% Yield

Connecticut Water Service (CTWS) Approves $65.9M Capital Speding Plan for FY16

November 20, 2015 10:06 AM EST

Connecticut Water Service (Nasdaq: CTWS) announced that the Companys Board of Directors approved an overall $65.9 million Capital Spending Plan for 2016 with $58.6 million for The Connecticut Water Company (Connecticut Water), and $7.3 million for The Maine Water Company (Maine Water). Those regulated water utility subsidiaries serve about 90,000 customers, or about 300,000 people in Connecticut and about 32,000 customers, or about 85,000 people in Maine, respectively.

According to Eric W. Thornburg, CTWSs President and Chief Executive Officer, investing in infrastructure continues to be a priority to reliably serve customers and provide world-class customer service. Mr. Thornburg stated, $22.6... More