The York Water Company (YORW) will raise its quarterly dividend by another 4.0 percent to $0.1802 per share in the fourth quarter of 2019.

This marks the 23rd consecutive year of annual dividend increases by the water utility.

The next dividend is payable January 15, 2020 to shareholders as of record date December 31, 2019. A new annual rate of 72.08 cents per share yields 1.6% at a stock price of 44.33.

This is the 596th consecutive dividend to be paid by The York Water Company and is the twenty-third consecutive year that the Company has increased its dividend. York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years. This is believed to be the longest record of consecutive dividends in America.

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.