The York Water Company Declares a Dividend for the 200th Consecutive Year
November 24 2015 - 9:30AM
Announces an Increased 580th
Dividend
The York Water Company's (NASDAQ:YORW) President and CEO, Jeffrey
R. Hines, announced today that the Board of Directors at their
November 23rd meeting declared a quarterly dividend of $0.1555 per
share, an increase of 4.0%. The dividend is payable January
15, 2016 to shareholders as of record date December 31, 2015.
According to President Hines: “The York Water
Company has now declared dividends for 200 consecutive years which
is a remarkable feat in this great nation founded on the principles
of free enterprise. When a group of local business leaders gathered
to issue the first shares of stock in 1816, and then paid dividends
every year since then, they started a record that is unsurpassed
for a publicly traded company in America. Even in 1863, when the
City of York was occupied by an invading army, York Water’s Board
of Directors maintained its dividend record intact.”
This is the 580th consecutive dividend to be
paid by The York Water Company and is the nineteenth consecutive
year that the Company has increased its dividend. York Water
is believed to have the longest record of consecutive dividends in
America.
Contact:
Jeffrey R. Hines, President & CEO
jeffh@yorkwater.com
or
Kathy Miller, Chief Financial Officer
kathym@yorkwater.com
Phone: 717-845-3601
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