The York Water Company has announced a dividend of $0.228 per share, representing a typical yield of 2.7%. While current earnings cover the dividend, negative free cash flows raise concerns about its sustainability. Despite a solid track record of consistent dividend payments and modest historical growth, the company’s slow earnings per share growth suggests limited prospects for future dividend increases.
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York Water (NASDAQ:YORW) Has Affirmed Its Dividend Of $0.228
The York Water Company has announced a dividend of $0.228 per share, representing a typical yield of 2.7%. While current earnings cover the dividend, negative free cash flows raise concerns about its sustainability. Despite a solid track record of consistent dividend payments and modest historical growth, the company’s slow earnings per share growth suggests limited prospects for future dividend increases.