Essential Utilities Announces Increased Quarterly Dividend for 2024
Essential Utilities Declares December Dividend Payment
Essential Utilities Inc. (NYSE: WTRG) has officially announced its plan to pay a quarterly cash dividend of $0.3255 per share. This dividend is set to be paid to shareholders on record as of November 12, 2024. The payment date is scheduled for December 2, 2024, marking another commitment to return value to its investors.
Growing Dividend Payment Reflects Company Stability
The recently declared dividend showcases a noteworthy increase of $0.0184, translating to a 6.0% rise from the previous year's December payment of $0.3071 per share. This consistent growth in dividend payments aligns with the company's long-standing tradition of rewarding its shareholders. Notably, Essential Utilities has upheld this commitment for an impressive 79 consecutive years, a milestone that highlights its financial resilience and dedication toward enhancing shareholder value.
About Essential Utilities Inc.
Essential Utilities Inc. (NYSE: WTRG) prides itself on delivering safe, clean, and reliable services, which significantly improve the quality of life for individuals, families, and broader communities. The company's operations focus primarily on water and wastewater services, as well as natural gas distribution, demonstrating its commitment to sustainable growth, operational excellence, and an outstanding customer experience.
Commitment to Environmental Stewardship
Within its operational model, Essential Utilities acts as a dedicated steward of natural lands, preserving over 7,600 acres of forests and various habitats throughout its service footprint. This environmental consciousness illustrates Essential’s awareness of its responsibility towards the ecosystems in which it operates.
Serving Millions Across Multiple States
Under the Aqua and Peoples brands, Essential Utilities serves approximately 5.5 million people across nine states, making it one of the most significant publicly traded providers of water and natural gas services in the United States. Through this extensive reach, Essential aims to deliver quality service and enhance the living standards of the communities it serves.
Frequently Asked Questions
1. When is the declared dividend payment date for Essential Utilities?
The dividend payment date is scheduled for December 2, 2024.
2. How much is the dividend that Essential Utilities declared?
Essential Utilities declared a dividend of $0.3255 per share.
3. What was the increase in the dividend payment compared to last year?
The dividend reflects an increase of $0.0184, or 6.0%, from the previous year's dividend of $0.3071 per share.
4. How long has Essential Utilities been paying dividends?
Essential Utilities has paid consecutive quarterly cash dividends for 79 years.
5. What services does Essential Utilities provide?
Essential Utilities provides water, wastewater, and natural gas services to millions across multiple states.
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