Aqua America Inc (WTR) will raise its quarterly dividend by 8.6 percent to $0.165 per share in 2014. This follows a similar 8.6 percent dividend hike by the water utility in the previous year.

Aqua America, Inc. is the holding company for regulated utilities providing water or wastewater services to people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. In addition, the company’s market-based activities are conducted through Aqua Infrastructure, LLC and Aqua Resources, Inc. Aqua Infrastructure provides non-utility raw water supply services for firms in the natural gas drilling industry. Aqua Resources provides water service through operating and maintenance contracts with a municipal authority and another party close to our utility companies’ service territory; and offers, through a third-party, water and sewer line protection solutions and repair services to households.