The York Water Company (YORW) will raise its quarterly dividend to $0.1383 per share. The oldest investor owned utility in the United States has paid a record 568 quarterly dividends.

The dividend is payable January 15, 2013 to shareholders as of record date December 31, 2012.

With 196 years of consecutive dividend payments York Water is considered to be the stock with the longest dividend record in the United States, and probably worldwide. The increase is the 16th consecutive annual dividend increase for the company, that currently has a 3.2% dividend yield.

The York Water Company is an investor-owned water utility, impounding, purifying and distributing water. The company provides its customers within York and Adams Counties (Pennsylvania) with water, wastewater, and related services. The Company is regulated by the Pennsylvania Public Utility Commission and obtains its water supply from the south branch and east branch of the Codorus Creek. YORW has two reservoirs, Lake Williams and Lake Redman.