Essential Utilities Increases Quarterly Dividend From $0.3071 To $0.3255 Per Share
Portfolio Pulse from Benzinga Newsdesk
Essential Utilities Inc. (NYSE:WTRG) has announced an increase in its quarterly dividend from $0.3071 to $0.3255 per share, a 6.0% increase. The dividend will be payable on September 3, 2024, to shareholders of record on August 12, 2024. This marks the 34th dividend increase in the last 33 years.
July 31, 2024 | 2:39 pm
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Essential Utilities Inc. (NYSE:WTRG) has increased its quarterly dividend by 6% to $0.3255 per share, payable on September 3, 2024. This continues the company's long history of dividend increases.
The increase in the quarterly dividend is a positive signal to investors, indicating the company's strong financial health and commitment to returning value to shareholders. This is likely to have a positive short-term impact on the stock price.
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