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Aqua America Keeps Dividend Steady

Water utility operator¬†Aqua America (NYSE: WTR  ) announced yesterday its third-quarter dividend of $0.152 per share, the same rate it delivered last quarter after raising the payout to investors 8.5% from $0.14 per share. Aqua also split its shares 5-to-4 at that time.

The board of directors said the quarterly dividend is payable on Dec. 1 to holders of record as of the close of business on Nov. 18. The regular dividend payment equates to an approximately $0.61-per-share annual dividend, yielding 2.5% based on the closing price yesterday of Aqua America's stock.

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DocumentId: 2687613, ~/Articles/ArticleHandler.aspx, 9/28/2016 10:00:17 PM

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9/28/2016 4:02 PM
WTR $31.31 Up +0.11 +0.35%
Aqua America CAPS Rating: ****