Essential Declares December 2023 Dividend

Rhea-AI Summary

Essential Utilities Inc. (NYSE: WTRG) has declared a quarterly cash dividend of $0.3071 per share, representing a 7% increase over the previous year. The dividend will be payable on December 1, 2023, to shareholders of record on November 10, 2023.

Positive

• Essential Utilities Inc. has increased its dividend by 7% compared to the previous year.

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• None.

BRYN MAWR, Pa.--(BUSINESS WIRE)-- The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3071 per share, payable December 1, 2023, to all shareholders of record on November 10, 2023.

The December 2023 dividend payment of $0.3071 per share represents a $0.0201, or 7% increase over the December 2022 dividend payment of $0.2870 per share. Essential Utilities has paid consecutive quarterly cash dividends for 78 years and has increased the dividend 33 times in the last 32 years.

About Essential

Essential Utilities, Inc. (NYSE: WTRG) delivers safe, clean, reliable services that improve quality of life for individuals, families, and entire communities. With a focus on water, wastewater and natural gas, Essential is committed to sustainable growth, operational excellence, a superior customer experience, and premier employer status. We are advocates for the communities we serve and are dedicated stewards of natural lands, protecting more than 7,600 acres of forests and other habitats throughout our footprint.

Operating as the Aqua and Peoples brands, Essential serves approximately 5.5 million people across nine states. Essential is one of the most significant publicly traded water, wastewater service and natural gas providers in the U.S. Learn more at www.essential.co.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20231025299210/en/

Media:

Dave Kralle

Communications

Media Hotline: 1.877.325.3477

Media@Essential.co



Investor:

Brian Dingerdissen

Vice President, IR and Treasurer

O: 610.645.1191

BJDingerdissen@Essential.co

Source: Essential Utilities, Inc.

FAQ

What is the dividend declared by Essential Utilities Inc.?

Essential Utilities Inc. has declared a dividend of $0.3071 per share.

When will the dividend be payable?

The dividend will be payable on December 1, 2023.

Who is eligible for the dividend?

Shareholders of record on November 10, 2023, are eligible for the dividend.

Has Essential Utilities Inc. paid dividends consistently?

Yes, Essential Utilities Inc. has paid consecutive quarterly cash dividends for 78 years.

How many times has Essential Utilities Inc. increased its dividend in the last 32 years?

Essential Utilities Inc. has increased its dividend 33 times in the last 32 years.