York Water has raised its quarterly dividend by 4.0% to $0.228 per share, with a payout ratio of 63.1% and 2.53x operating cash flow coverage. Capital expenditures exceeded cash flow by $18.45M in 2024. Interest expense surged 74%, consuming 43.8% of operating income and debt reached $227M.

CEO Joseph Thomas Hand and other executives made stock purchases, showing confidence in the company. Revenue growth attributed to the customer base and DSIC mechanism. The dividend safety rating is considered safe with strong fundamentals in place.

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Read more at Yahoo Finance: York Water Has Raised Its Dividend for 13 Years and the Streak Looks Secure