York Water As of January 30, 2023 ticker dps (an.) 2023 hike 2022 hike 2021 hike
YORW $0.81 0.0% 4.0% 4.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Water Utility 1.8% 26 4.0% Quarter 1816
YORW has the longest dividend record in the USA | image: dividendhike.com
YORW has the longest dividend record in the USA | image: dividendhike.com

On November 22, 2022, The York Water Company (YORW) announced that it will raise its quarterly dividend by another 4.0 percent to $0.2027 per share. This marks the 26th consecutive year of annual dividend increases by the water utility and follows similar dividend hikes in the previous couple of years.

The next YORW dividend is payable January 17, 2023, to shareholders as of record date December 30, 2022. A new annual rate of approximately 81 cents per share yields 1.8% at a stock price of 45.38.

York Water Co (YORW) Dividend history & statistics
Company name York Water Co
Ticker symbol YORW
ISIN-code US9871841089
company website https://www.yorkwater.com
Sector Utilities
Business Water Utility
Dividend paid since 1816
Track record (years increased) 26
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 4.0%
Next dividend per share $0.20
Annual dividend per share $0.78
Dividend yield* 1.8%
Stock price* $45.30
YTD Total Return* -8.1%
Next ex-dividend date December 29, 2022
Next payment date January 17, 2023
Market cap (in $B)* 0.65
Total dividend (in $B) 0.01
© www.dividendtrackrecords.com *As of November 25, 2022

This is the 608th consecutive dividend to be paid by The York Water Company. JT Hand, President and CEO stated, "2022 has been a tremendously productive year for the Company in terms of capital placement, customer growth, and expansion of territory. We are proud to say we have now increased our dividends for 26 consecutive years, reinforcing our commitment to create value for our shareholders while responsibly investing in our water and wastewater utility infrastructure." York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 205 years. This is believed to be the longest record of consecutive dividends in America.

York Water will now pay an estimated $12 million in dividends to its shareholders annually. The average dividend growth rate in the last five years was 4.0 percent annually. The biggest dividend hike in the last decade was announced in 2014 when YORK raised its dividend by 4.5 percent.

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. 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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Feb 01 FAST 2.8% 12.9%
Feb 02 BRO 0.8% 0.0%
Feb 02 NSC 2.3% 8.9%
Feb 02 WFC 2.6% 0.0%
Feb 02 LW 1.1% 0.0%
Feb 02 COST 0.7% 0.0%
Feb 03 BKR 2.5% 0.0%
Feb 03 C 3.9% 0.0%
Feb 03 COF 2.1% 0.0%
Feb 06 AWK 1.7% 0.0%