Aqua America (WTR) Raises Quarterly Dividend 7% to $0.2190; 2.4% Yield

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Go back to Aqua America (WTR) Raises Quarterly Dividend 7% to $0.2190; 2.4% Yield

Aqua America Declares 7 Percent Dividend Increase

July 20, 2018 9:11 AM EDT

BRYN MAWR, Pa.--(BUSINESS WIRE)-- The Board of Directors of Aqua America (NYSE: WTR) declared a quarterly cash dividend of $0.2190 per share today, payable Sept. 1, 2018 to all shareholders of record on Aug. 17, 2018.

The September 2018 dividend will represent a $0.0143 increase, or 7.0 percent, compared to the $0.2047 cash dividend the company paid in June of this year. This marks the 28th dividend increase in the past 27 years, and the company has paid a consecutive quarterly cash dividend for more than 73 years. Following the increase, the annualized dividend rate will be $0.876 per share. The boards stated... More