Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. It offers water services through operating and maintenance contract with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through a third-party. It serves approximately 7.5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.
Essential Utilities Dividend Announcement
• Essential Utilities announced a quarterly dividend of $0.33 per ordinary share which will be made payable on 2024-12-02. Ex dividend date: 2024-11-12
• Essential Utilities annual dividend for 2024 was $1.27
• Essential Utilities annual dividend for 2023 was $1.19
• Essential Utilities's trailing twelve-month (TTM) dividend yield is 3.23%
• Essential Utilities's payout ratio for the trailing twelve months (TTM) is 59.83%
• Essential Utilities's dividend growth over the last five years (2018-2023) was 6.99% year
• Essential Utilities's dividend growth over the last ten years (2013-2023) was 5.55% year
Essential Utilities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | $0.33 | quarterly | 2024-12-02 |
2024-08-12 | $0.33 | quarterly | 2024-09-03 |
2024-05-09 | $0.31 | quarterly | 2024-06-01 |
2024-02-08 | $0.31 | quarterly | 2024-03-01 |
2023-11-09 | $0.31 | quarterly | 2023-12-01 |
2023-08-10 | $0.31 | quarterly | 2023-09-01 |
2023-05-11 | $0.29 | quarterly | 2023-06-01 |
2023-02-09 | $0.29 | quarterly | 2023-03-01 |
2022-11-09 | $0.29 | quarterly | 2022-12-01 |
2022-08-11 | $0.29 | quarterly | 2022-09-01 |
2022-05-12 | $0.27 | quarterly | 2022-06-01 |
2022-02-10 | $0.27 | quarterly | 2022-03-01 |
2021-11-10 | $0.27 | quarterly | 2021-12-01 |
2021-08-12 | $0.27 | quarterly | 2021-09-01 |
2021-05-13 | $0.25 | quarterly | 2021-06-01 |
2021-02-11 | $0.25 | quarterly | 2021-03-01 |
2020-11-12 | $0.25 | quarterly | 2020-12-01 |
2020-08-13 | $0.25 | quarterly | 2020-09-01 |
2020-05-14 | $0.23 | quarterly | 2020-06-01 |
2020-02-13 | $0.23 | quarterly | 2020-03-01 |
2019-11-14 | $0.23 | quarterly | 2019-12-01 |
2019-08-15 | $0.23 | quarterly | 2019-09-01 |
2019-05-16 | $0.22 | quarterly | 2019-06-01 |
2019-02-14 | $0.22 | quarterly | 2019-03-01 |
2018-11-15 | $0.22 | quarterly | 2018-12-01 |
2018-08-16 | $0.22 | quarterly | 2018-09-01 |
2018-05-17 | $0.20 | quarterly | 2018-06-01 |
2018-02-15 | $0.20 | quarterly | 2018-03-01 |
2017-11-16 | $0.20 | quarterly | 2017-12-01 |
2017-08-14 | $0.20 | quarterly | 2017-09-01 |
2017-05-15 | $0.19 | quarterly | 2017-06-01 |
2017-02-13 | $0.19 | quarterly | 2017-03-01 |
2016-11-14 | $0.19 | quarterly | 2016-12-01 |
2016-08-16 | $0.19 | quarterly | 2016-09-01 |
2016-05-11 | $0.18 | quarterly | 2016-06-01 |
2016-02-10 | $0.18 | quarterly | 2016-03-01 |
2015-11-10 | $0.18 | quarterly | 2015-12-01 |
2015-08-12 | $0.18 | quarterly | 2015-09-01 |
2015-05-13 | $0.17 | quarterly | 2015-06-01 |
2015-02-11 | $0.17 | quarterly | 2015-03-01 |
2014-11-12 | $0.17 | quarterly | 2014-12-01 |
2014-08-13 | $0.17 | quarterly | 2014-09-01 |
2014-05-14 | $0.15 | quarterly | 2014-06-01 |
2014-02-13 | $0.15 | quarterly | 2014-03-01 |
2013-11-14 | $0.15 | quarterly | 2013-12-01 |
2013-08-14 | $0.19 | quarterly | 2013-09-01 |
2013-05-15 | $0.17 | quarterly | 2013-06-01 |
2013-02-13 | $0.17 | quarterly | 2013-03-01 |
Essential Utilities Dividend per year
Essential Utilities Dividend growth
Essential Utilities Dividend Yield
Essential Utilities current trailing twelve-month (TTM) dividend yield is 3.23%. Interested in purchasing Essential Utilities stock? Use our calculator to estimate your expected dividend yield:
Essential Utilities Financial Ratios
Essential Utilities Dividend FAQ
Other factors to consider when evaluating Essential Utilities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Essential Utilities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Essential Utilities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Essential Utilities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Essential Utilities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Essential Utilities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Essential Utilities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Essential Utilities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Essential Utilities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Essential Utilities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.