York Water Has Raised Its Dividend for 13 Years and the Streak Looks Secure

York Water Has Raised Its Dividend for 13 Years and the Streak Looks Secure

Quick Read York Water raised its quarterly dividend 4.0% to $0.228 per share with a 63.1% payout ratio and 2.53x operating cash flow coverage. Capital expenditures of $49M exceeded operating cash flow by $18.45M in 2024 as infrastructure investment continues. Interest expense surged 74% over three years and now consumes 43.8% of operating income as debt reached $227M. Finding the best credit card just got a lot easier. We’ve assembled a list…