Connecticut Water Service Increases Cash Dividend on Common Shares by Nearly 5%
09 Maggio 2019 - 8:00PM
Connecticut Water Service, Inc. (NASDAQ: CTWS) announced that its
board of directors has approved a 4.8 percent increase in the
company’s regular quarterly cash dividend, raising the quarterly
amount to $0.3275 per share on the company’s common stock,
representing an annualized dividend of $1.31.
The quarterly cash dividend on common shares was increased from
$0.3125 per quarter and will be effective with the dividend
declared by the board on common shares that is payable on June 17,
2019, for shareholders of record as of June 3, 2019.
This news release may contain certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 regarding the company’s
results of operation, financial position and long-term strategy.
These forward-looking statements are based on current information
and expectations and are subject to risks and uncertainties
discussed in our filings with the Securities and Exchange
Commission, which could cause the company’s actual results to
differ materially from expected results. We undertake no obligation
to update or revise forward-looking statements, whether as a result
of new information, future events or otherwise.
News Media / Investor Contact:
Daniel J. Meaney, APR
Director of Corporate Communications
Connecticut Water Service, Inc.
93 West Main Street
Clinton, CT 06413-1600
dmeaney@ctwater.com
860.664.6016
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