Essential Utilities, Inc. (WTRG) Raises Quarterly Dividend 7% to $0.2682; 2.3% Yield
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Essential Declares 7% Dividend Increase
July 2, 2021 10:22 AM EDTBRYN MAWR, Pa.--(BUSINESS WIRE)-- The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2682 per share, payable Sept. 1, 2021 to all shareholders of record on Aug. 13, 2021.
The Sept. 2021 dividend will represent a 7% increase compared to the $0.2507 cash dividend the company paid in June of this year. This marks the 31st dividend increase in the past 30 years, and the company has paid a consecutive quarterly cash dividend for more than 75 years. Following the increase, the annualized dividend rate will be $1.0728 per share. The companys... More
