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0.000773544768903484 0.00116031715335529 0.00116031715335529 0.00135370334558113 -0.000193386192225837 -0.000773544768903484 -0.00232063430671045 -0.00232063430671045
Stock impact report

Essential declares 7% dividend increase

Essential Utilities, Inc. (WTRG) 
Last essential utilities, inc. earnings: 2/26 05:01 pm Check Earnings Report
Company Research Source: Business Wire
BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.2870 per share, payable Sept. 1, 2022 to all shareholders of record on Aug. 12, 2022.The Sept. 2022 dividend will represent a 7% increase compared to the $0.2682 cash dividend the company paid in June of this year. This marks the 32nd dividend increase in the past 31 years. The company has paid a consecutive quarterly cash dividend for 77 years. Following the increase, the annualized dividend rate will be $1.1480 per share. The company’s targeted dividend payout ratio continues to be 60 to 65% of net income.“Our long history of consecutive quarterly cash dividends demonstrates the company’s commitment to delivering consistently strong results while also focusing on operational excellence, investment in infrastructure, protecting the environment, serving our customers and delivering value to our shareholders,” said Essential Chairman and CE Show less Read more
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