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Joseph Thomas Hand, the CEO and President of York Water Co (NASDAQ:YORW), recently acquired 294.459 shares of the company’s common stock. The shares were purchased at $33.1123 each, totaling approximately $9,750. The stock currently trades at $35.37, representing a 6.8% gain on his investment. According to InvestingPro data, York Water maintains impressive gross profit margins of 74% and has raised its dividend for 28 consecutive years. Following this transaction, Hand’s direct ownership stands at 35,813.3296 shares. Additionally, there are 98.462 shares indirectly owned by Hand through a child, as part of York Water Co’s dividend reinvestment plan. The company, currently valued at $506 million, has maintained dividend payments for 52 consecutive years. InvestingPro analysis reveals 6 additional key insights about York Water’s financial health and growth prospects.
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