Essential Utilities, Inc. (WTRG) Raises Quarterly Dividend 7% to $0.2870; 2.2% Yield
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Essential declares 7% dividend increase
August 2, 2022 2:40 PM EDTBRYN MAWR, Pa.--(BUSINESS WIRE)-- The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2870 per share, payable Sept. 1, 2022 to all shareholders of record on Aug. 12, 2022.
The Sept. 2022 dividend will represent a 7% increase compared to the $0.2682 cash dividend the company paid in June of this year. This marks the 32nd dividend increase in the past 31 years. The company has paid a consecutive quarterly cash dividend for 77 years. Following the increase, the annualized dividend rate will be $1.1480 per share. The companys targeted dividend... More
