Connecticut Water Service (CTWS) Raises Quarterly Dividend 5.3% to $0.2975; 2.3% Yield
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Connecticut Water Service, Inc. Increases Cash Dividend on Common Shares by more than 5%
May 11, 2017 1:30 PM EDTCLINTON, CONNECTICUT, May 11, 2017 (GLOBE NEWSWIRE) -- Connecticut Water Service, Inc. (NASDAQ GS: CTWS) announced that the Companys Board of Directors has approved an increase of 5.3% in its annualized cash dividend, raising the quarterly amount to $0.2975 per share on the Companys common stock for an annualized dividend of $1.19. Â CTWSs dividend has increased by more than 20% since 2013, and todays announcement marks the 48th consecutive year of increasing dividend payments. CTWS is included in the NASDAQ Dividend Achievers Select Index, which requires a minimum of 10 consecutive years of dividend increases.
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