CLINTON, Conn., Nov. 12, 2010 (GLOBE NEWSWIRE) -- Connecticut Water Service, Inc. (Nasdaq:CTWS) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.2325 per common share payable on December 15, 2010, for shareholders of record as of December 1, 2010. This quarterly dividend remains unchanged from the previous quarter and represents an annualized dividend of $0.93. The Company's annual dividend yield at Thursday's stock market closing price is 3.8%. Connecticut Water has paid quarterly dividends on common stock since its founding in 1956 without interruption or reduction and has increased dividend payments for each of the last 41 years.
Connecticut Water Service, Inc. Declares Dividends And Approves 2011 Capital Spending Plan
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.