York Water Co. Announces 4% Dividend Hike for 617th Consecutive Payment

Published 1 days agoYORW

York Water Co. Announces 4% Dividend Hike for 617th Consecutive Payment

The York Water Company has declared its 617th consecutive quarterly dividend of $0.2192 per share, marking a 4% increase. This dividend will be distributed on April 15, 2025, to shareholders who hold stock as of February 28, 2025. Reuters highlighted this notable achievement, which underscores the company's continued commitment to rewarding its investors with consistent returns.

This dividend increase follows a similar 4% raise announced in November 2024 for its 616th distribution. York Water has a remarkable history, having increased its dividends for 28 consecutive years. As the oldest publicly traded company in the United States, founded in 1816, it boasts an uninterrupted 208-year record of consistent dividend payments.

In 2024, the company garnered accolades nationally, regionally, and statewide for the timely and budget-friendly completion of the Lake Williams Dam Rehabilitation project. This reflects York Water's strategic focus on enhancing its infrastructure to provide dependable and sustainable services to its growing customer base. As of May 10, 2025, York Water's stock is trading at $32.79 per share, with a dividend yield of approximately 2.52%.

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