Aqua America Keeps Dividend Steady
Water utility operator Aqua Americaannounced yesterday its third-quarter dividend of $0.152 per share, the same rate it delivered last quarter after raising the payout to investors 8.5% from $0.14 per share. Aqua also split its shares 5-to-4 at that time.
The board of directors said the quarterly dividend is payable on Dec. 1 to holders of record as of the close of business on Nov. 18. The regular dividend payment equates to an approximately $0.61-per-share annual dividend, yielding 2.5% based on the closing price yesterday of Aqua America's stock.
The article Aqua America Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Aqua America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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