York Water Raises Dividend to $0.228, Posts 3.37% Revenue Growth
York Water raised its quarterly dividend by 4% to $0.228 per share, pushing its annual yield to 2.72% while maintaining an uninterrupted 200-year payout record. Full-year 2025 revenue grew 3.37% to $77.49 million with EPS of $1.39, though earnings dipped from $1.42 due to higher costs and rising interest expenses.
1. Dividend Increase and Yield
York Water increased its quarterly payout from $0.2192 to $0.228 per share, bringing its annual yield to 2.72%. This marks the latest in an uninterrupted series of dividends spanning over two centuries, reinforcing its reputation for reliable income among conservative investors.
2. 2025 Financial Performance
For the full year 2025, York Water reported revenue of $77.49 million, up 3.37% year-over-year, and delivered EPS of $1.39, matching consensus forecasts. Profitability was tempered by higher operating costs and rising interest expenses, which drove earnings down from $1.42 in 2024.
3. Capital Investments and Outlook
The company invested $48.7 million in capital projects during 2025, replacing approximately 54,100 feet of aging water main infrastructure. With the stock up 2.04% year-to-date and a beta of 0.691, flat earnings growth and revenue shortfalls could limit near-term upside for shareholders.