The York Water Company Declares an Increased Dividend
November 22 2016 - 09:30AM
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.
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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