York Water Co. Plans Quarterly Dividend of $0.14 (YORW)
York Water (NASDAQ:YORW) announced a quarterly dividend on Friday, January 31st, Analyst Ratings Network reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.1431 per share on Tuesday, April 15th. This represents a $0.57 annualized dividend and a dividend yield of 2.81%. The ex-dividend date is Wednesday, February 26th.
On the ratings front, analysts at Zacks upgraded shares of York Water from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $22.50 price target on the stock.
York Water (NASDAQ:YORW) traded down 0.83% during mid-day trading on Friday, hitting $20.37. The stock had a trading volume of 33,593 shares. York Water has a 1-year low of $17.86 and a 1-year high of $22.00. The stock’s 50-day moving average is $20.90 and its 200-day moving average is $20.71. The company has a market cap of $263.6 million and a P/E ratio of 28.18.
York Water (NASDAQ:YORW) last announced its earnings results on Friday, November 8th. The company reported $0.19 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.22 by $0.03. The company had revenue of $10.91 million for the quarter, compared to the consensus estimate of $11.40 million. Analysts expect that York Water will post $0.74 EPS for the current fiscal year.
The York Water Company is engaged in the business of impounding, purifying to meet or exceed safe drinking water standards and distribute water.
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