Connecticut Water Service (CTWS) Raises Quarterly Dividend 5.6% to $0.2825; 2.3% Yield
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Connecticut Water Service, Inc. Increases Cash Dividend on Common Shares by nearly 6%
May 13, 2016 1:50 PM EDTCLINTON, CONNECTICUT, May 13, 2016 (GLOBE NEWSWIRE) -- Connecticut Water Service, Inc. (NASDAQ GS: CTWS) announced that the Companys Board of Directors has approved an increase of 5.6% in its annualized cash dividend, raising the quarterly amount to $0.2825 per share of the Companys common stock for an annualized dividend of $1.13. Â CTWSs dividend has increased more than 15% since 2013, and todays announcement marks the 47th consecutive year of increasing dividend payments. This increase also accelerates the timing of the annual increase which has historically occurred in the third quarter of the year. That acceleration... More
