608th Consecutive Dividend
THE YORK WATER COMPANY DECLARES 608 TH DIVIDEND
The York Water Company’s (NASDAQ: YORW) President and CEO, JT Hand, announced today that the Board of Directors at their November 21st meeting declared a quarterly dividend of $0.2027 per share, a 4% increase. The dividend is payable January 17, 2023, to shareholders as of record date December 30, 2022.
This is the 608 th consecutive dividend to be paid by The York Water Company. JT Hand, President and CEO stated, “2022 has been a tremendously productive year for the Company in terms of capital placement, customer growth, and expansion of territory. We are proud to say we have now increased our dividends for 26 consecutive years, reinforcing our commitment to create value for our shareholders while responsibly investing in our water and wastewater utility infrastructure.” York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 205 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.