Aqua America Declares Its First Dividend of 2013

Aqua America (NYSE: WTR  ) has declared its latest quarterly dividend. The company is to disburse $0.175 per share on March 1 to stockholders of record as of the close of Feb. 15.

In doing so, the Pennsylvania-based utility has kept its payout equal with that of its most recent disbursement, which was paid in November. Before that, it was a penny lower at $0.165.

At an annualized rate, Aqua America's dividend produces a yield of 2.6% on the current share price.

In the news release announcing the new disbursement, the company pointed out that it has paid a quarterly dividend for more than 65 years.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2231969, ~/Articles/ArticleHandler.aspx, 7/31/2014 8:39:29 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement