Essential Utilities, Inc. (WTRG) Raises Quarterly Dividend 7% to $0.2507; 2.2% Yield
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Essential Declares 7% Dividend Increase
August 4, 2020 12:44 PM EDTBRYN MAWR, Pa.--(BUSINESS WIRE)-- The board of directors of Essential Utilities Inc. (NYSE: WTRG) declared a quarterly cash dividend of $0.2507 per share, payable Sept. 1, 2020 to all shareholders of record on Aug. 14, 2020.
The Sept. 2020 dividend will represent a 7% increase compared to the $0.2343 cash dividend the company paid in June of this year. This marks the 30th dividend increase in the past 29 years, and the company has paid a consecutive quarterly cash dividend for more than 75 years. Following the increase, the annualized dividend rate will be $1.0028 per share. The boards stated... More
