The York Water Company Announces an Increase for Its 564th Consecutive Dividend
23 November 2011 - 8:41AM
The York Water Company's (Nasdaq:YORW) President and CEO, Jeffrey
R. Hines, announced today that the Board of Directors at their
November 21st meeting increased the quarterly dividend from $0.131
per share to $0.1336 per share, an increase of 2.0%. The annualized
dividend yield based on yesterday's stock market closing is about
3.2%. The dividend is payable January 17, 2012 to shareholders as
of record date December 31, 2011.
This is the 564th consecutive dividend to be paid by The York
Water Company and is the fifteenth consecutive year that the
Company has increased its dividend. York Water, which is the oldest
investor owned utility in the nation, has paid dividends for 195
consecutive years beginning in 1816. This is believed to be the
longest record of consecutive dividends in America.
The York Water Company logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5589
CONTACT: Jeffrey R. Hines, President and CEO
Kathleen M. Miller, Chief Financial Officer
717-845-3601
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