YORW continues to increase shareholder value as its board of directors raises dividend by 4%. This marks the company's 616th consecutive dividend payment.
York Water (YORW) came out with quarterly earnings of $0.41 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.53 per share a year ago.
Dividend stocks have more than doubled up the average annual return of non-payers over the last half century. Although more than 1,000 publicly traded companies pay a dividend, no two income stocks are the same.
York Water (YORW) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.45 per share a year ago.
In dividend investing, business continuity is the name of the game. York Water's operating revenue and diluted EPS topped the analyst consensus in Q1. The water utility's interest coverage ratio clocked in above 3 for the first quarter.