The York Water Company (NASDAQ:YORW) will begin trading ex-dividend on September 29, 2020. The quarterly dividend payment of $ 0.1802 per share is scheduled to be paid on October 15, 2020. The dividend yield based on the latest trading day closing price was 1.72 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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The York Water Company recently reported second quarter financial results on August 6, 2020, before market open, the York based company outlined income for the second quarter of $ 0.32 per share, from the revenue of $ 13.32 million. The quarterly earnings elevated 14.29 percent while revenues surged 2.07 percent compared with the same quarter last year.
Stock Performance
Shares of The York Water Company traded up $ 0.72 or 1.75 percent on Friday, reaching $ 41.86 with volume of 33.70 thousand shares. The York Water Company has traded high as $ 41.95 and has cracked $ 41.27 on the downward trend
According to the previous trading day, closing price of $ 41.86, representing a 19.04 % increase from the 52 week low of $ 34.56 and a 19.76 % decrease over the 52 week high of $ 51.27.
The company has a market capital of $ 553.85 million and is part of the Utilities sector and Utilities – Regulated Water industry.
The York Water Company impounds, purifies, and distributes drinking water. It also owns and operates three wastewater collection systems and two wastewater treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. In addition, the company has a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns seven wells that supply water to its customers in Carroll Valley Borough and Cumberland Township, Adams County.
