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The board of directors of Essential Utilities (NYSE: WTRG) declared a quarterly cash dividend of $0.2870 per share, payable on March 1, 2023, to shareholders of record on Feb. 10, 2023. This marks a 7% increase from the $0.2682 dividend paid in March 2022. Essential has consistently increased its dividend, having paid consecutive quarterly dividends for 78 years and raised the dividend 32 times in the last 31 years.
Positive
Quarterly cash dividend of $0.2870 per share announced.
7% increase from previous year's dividend.
Consistent dividend payments for 78 years.
Increased dividend 32 times in the last 31 years.
Negative
None.
BRYN 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 March 1, 2023 to all shareholders of record on Feb. 10, 2023.
The March 2023 dividend payment of $0.2870 per share represents a $0.0188, or 7% increase over the March 2022 dividend payment of $0.2682 per share. Essential Utilities has paid consecutive quarterly cash dividends for 78 years and has increased the dividend 32 times in the last 31 years.
About Essential
Essential is one of the largest publicly traded water, wastewater service and natural gas providers in the U.S., serving approximately 5.5 million people across 10 states under the Aqua and Peoples brands. Essential is committed to excellence in proactive infrastructure investment, regulatory expertise, operational efficiency and environmental stewardship. The company recognizes the importance water and natural gas play in everyday life and is proud to deliver safe, reliable services that contribute to the quality of life in the communities it serves. For more information, visit http://www.essential.co.
