The York Water Company Declares 604th Dividend

Rhea-AI Summary

The York Water Company (NASDAQ: YORW) announced a quarterly dividend of $0.1949 per share, marking a 4% increase. This dividend will be payable on January 14, 2022, to shareholders on record as of December 31, 2021. The company has maintained a record of 604 consecutive dividend payments over its 200-year history, demonstrating a strong commitment to its investors and infrastructure investments. This achievement highlights the company's reputation as the oldest publicly traded company in the U.S.

Positive

• Quarterly dividend increased by 4% to $0.1949 per share.
• Maintained 604 consecutive dividend payments, reinforcing investor confidence.
• Proudly increased dividends for 25 consecutive years, showcasing commitment to shareholders.

Negative

• None.

YORK, Pa., Nov. 23, 2021 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ: YORW) President and CEO, JT Hand, announced today that the Board of Directors at their November 22^nd meeting declared a quarterly dividend of $0.1949 per share, a 4% increase. The dividend is payable January 14, 2022, to shareholders as of record date December 31, 2021.

This is the 604^th consecutive dividend to be paid by The York Water Company. JT Hand, President and CEO stated, “We are proud to say we have increased our dividends for 25 consecutive years. This demonstrates not only our commitment to our investors, but our commitment to responsible and proactive investment in our infrastructure.” York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years. This is believed to be the longest record of consecutive dividends in America.

This release contains forward-looking statements that are subject to various risks and uncertainties. A discussion of factors that may cause actual results to differ from management's projections, forecasts, estimates and expectations is available in the Company filings with the SEC. Those factors may include changes in general economic conditions, increases in costs, changes in regulation and other factors. The Company undertakes no obligation to update forward looking statements to reflect changes occurring after the date hereof.

FAQ

What is the dividend amount declared by York Water Company for Q4 2021?

The dividend amount declared is $0.1949 per share.

When is the dividend payable for York Water Company?

The dividend is payable on January 14, 2022.

What is the record date for the dividend of York Water Company?

The record date for the dividend is December 31, 2021.

How long has York Water Company been paying dividends?

York Water Company has paid dividends for over 200 years.

How many consecutive dividends has York Water Company paid?

The company has paid 604 consecutive dividends.