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BRYN MAWR, Pa. - Essential Utilities Inc. (NYSE:WTRG), currently trading at $37.10 with a market capitalization of $10.4 billion, announced Wednesday that its board of directors has declared a quarterly cash dividend of $0.3426 per share, representing a 5.25 percent increase from its previous dividend. The dividend will be payable on September 2, 2025, to shareholders of record as of August 12, 2025. The company currently offers a 3.5% dividend yield, according to InvestingPro data.
The utility company has maintained a consistent record of quarterly cash dividend payments for 80 years and has increased its dividend 35 times over the past 34 years, according to the company’s press release statement. InvestingPro analysis reveals the company has maintained dividend payments for 55 consecutive years, with a robust dividend growth rate of 6% over the last twelve months. For deeper dividend analysis and more exclusive insights, investors can access the comprehensive Pro Research Report available on InvestingPro.
Essential Utilities provides water, wastewater and natural gas services across nine states under the Aqua and Peoples brands. The company serves approximately 5.5 million people and describes itself as one of the largest publicly traded water, wastewater service and natural gas providers in the United States.
The company operates with a focus on sustainable growth and environmental stewardship, protecting over 7,600 acres of forests and other habitats throughout its operational areas.
Essential Utilities trades on the New York Stock Exchange under the ticker symbol WTRG.
In other recent news, Essential Utilities Inc. reported impressive financial results for the first quarter of 2025, surpassing earnings expectations. The company achieved an earnings per share of $1.30, well above the forecasted $0.81, and revenue reached $783.6 million, exceeding the anticipated $690 million. In addition, BofA Securities adjusted its price target for Essential Utilities, lowering it from $43.00 to $41.00 but maintained a Buy rating on the stock. Analysts at BofA Securities noted the company’s cleaner earnings profile and more achievable guidance plan as positive aspects.
Furthermore, Essential Utilities disclosed the results of its Annual Meeting of Shareholders, where seven directors were successfully elected to serve one-year terms. The meeting also included an advisory vote on executive compensation and the ratification of the company’s independent auditor. These developments reflect the company’s ongoing efforts to maintain strong governance and financial performance.
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