The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 51 municipalities within three counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.
York Water Dividend Announcement
• York Water announced a quarterly dividend of $0.21 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• York Water annual dividend for 2024 was $0.63
• York Water annual dividend for 2023 was $0.82
• York Water's trailing twelve-month (TTM) dividend yield is 2.34%
• York Water's payout ratio for the trailing twelve months (TTM) is 56.40%
• York Water's dividend growth over the last five years (2018-2023) was 4.01% year
• York Water's dividend growth over the last ten years (2013-2023) was 3.91% year
York Water Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-30 | $0.21 | quarterly | 2024-10-15 |
2024-06-28 | $0.21 | quarterly | 2024-07-15 |
2024-02-28 | $0.21 | quarterly | 2024-04-15 |
2023-12-28 | $0.21 | quarterly | 2024-01-16 |
2023-09-28 | $0.20 | quarterly | 2023-10-16 |
2023-06-29 | $0.20 | quarterly | 2023-07-14 |
2023-02-27 | $0.20 | quarterly | 2023-04-14 |
2022-12-29 | $0.20 | quarterly | 2023-01-17 |
2022-09-29 | $0.20 | quarterly | 2022-10-14 |
2022-06-29 | $0.20 | quarterly | 2022-07-15 |
2022-02-25 | $0.20 | quarterly | 2022-04-14 |
2021-12-30 | $0.20 | quarterly | 2022-01-14 |
2021-09-29 | $0.19 | quarterly | 2021-10-15 |
2021-06-29 | $0.19 | quarterly | 2021-07-15 |
2021-02-25 | $0.19 | quarterly | 2021-04-15 |
2020-12-30 | $0.19 | quarterly | 2021-01-15 |
2020-09-29 | $0.18 | quarterly | 2020-10-15 |
2020-06-29 | $0.18 | quarterly | 2020-07-15 |
2020-02-27 | $0.18 | quarterly | 2020-04-15 |
2019-12-30 | $0.18 | quarterly | 2020-01-15 |
2019-09-27 | $0.17 | quarterly | 2019-10-15 |
2019-06-27 | $0.17 | quarterly | 2019-07-15 |
2019-02-27 | $0.17 | quarterly | 2019-04-15 |
2018-12-28 | $0.17 | quarterly | 2019-01-15 |
2018-09-27 | $0.17 | quarterly | 2018-10-15 |
2018-06-28 | $0.17 | quarterly | 2018-07-16 |
2018-02-27 | $0.17 | quarterly | 2018-04-16 |
2017-12-28 | $0.17 | quarterly | 2018-01-16 |
2017-09-28 | $0.16 | quarterly | 2017-10-16 |
2017-06-28 | $0.16 | quarterly | 2017-07-14 |
2017-02-24 | $0.16 | quarterly | 2017-04-17 |
2016-12-28 | $0.16 | quarterly | 2017-01-17 |
2016-09-28 | $0.16 | quarterly | 2016-10-14 |
2016-06-28 | $0.16 | quarterly | 2016-07-15 |
2016-02-25 | $0.16 | quarterly | 2016-04-15 |
2015-12-29 | $0.16 | quarterly | 2016-01-15 |
2015-09-28 | $0.15 | quarterly | 2015-10-15 |
2015-06-26 | $0.15 | quarterly | 2015-07-15 |
2015-02-25 | $0.15 | quarterly | 2015-04-15 |
2014-12-29 | $0.15 | quarterly | 2015-01-15 |
2014-09-26 | $0.14 | quarterly | 2014-10-15 |
2014-06-26 | $0.14 | quarterly | 2014-07-15 |
2014-02-26 | $0.14 | quarterly | 2014-04-15 |
2013-12-27 | $0.14 | quarterly | 2014-01-15 |
2013-09-26 | $0.14 | quarterly | 2013-10-15 |
2013-06-27 | $0.14 | quarterly | 2013-07-15 |
2013-02-26 | $0.14 | quarterly | 2013-04-15 |
York Water Dividend per year
York Water Dividend growth
York Water Dividend Yield
York Water current trailing twelve-month (TTM) dividend yield is 2.34%. Interested in purchasing York Water stock? Use our calculator to estimate your expected dividend yield:
York Water Financial Ratios
York Water Dividend FAQ
Other factors to consider when evaluating York Water 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: York Water'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, York Water 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, York Water 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 York Water 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: York Water 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, York Water distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: York Water 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 York Water'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 York Water'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.