Essential Utilities Inc. announced that its board of directors declared a quarterly cash dividend of $0.3426 per share, representing an increase of 5.25%. This dividend is payable on September 2, 2025, to shareholders of record on August 12, 2025.
The company has a history of paying consecutive quarterly cash dividends for 80 years and has increased its dividend 35 times in the last 34 years. This latest increase underscores Essential Utilities' commitment to providing consistent returns to its shareholders.
The dividend increase reflects the company's strong financial performance and confidence in its future growth prospects. This move is a positive signal for investors seeking stable income from a regulated utility.
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