YORK, Pa., Nov. 22, 2016 (GLOBE NEWSWIRE) -- 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 declared a quarterly dividend of $0.1602 per share, a 3% increase. The dividend is payable January 17, 2017 to shareholders as of record date December 30, 2016.
This is the 584th consecutive dividend to be paid by The York Water Company and is the twentieth consecutive year that the Company has increased its dividend. York Water is the oldest investor-owned utility in the nation, and is believed to have the longest record of consecutive dividends in America, having paid dividends for over 200 years.
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.
Source:York Water Company