Connecticut Water Service (CTWS) Declares $0.2975 Quarterly Dividend, 2.2% Yield; Announces New Direct Share Purchase Program

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Connecticut Water Service Inc. Declares Dividends, Announces New Direct Stock Purchase Program and Sets Date for Annual Meeting of Shareholders

January 22, 2018 9:29 AM EST

CLINTON, Conn., Jan. 22, 2018 (GLOBE NEWSWIRE) -- Connecticut Water Service Inc. (Nasdaq: CTWS) today announced that its board of directors declared a quarterly cash dividend of $0.2975 per common share payable on March 15, 2018, for shareholders of record as of March 1, 2018. This quarterly dividend remains unchanged from the previous quarter and represents an annualized dividend of $1.19 per share. The companys annual dividend yield at the stock market closing price on Jan. 19, 2018, was 2.2 percent. Connecticut Water has paid quarterly dividends on its common stock since its founding in 1956 without interruption or reduction and has... More