Essential Utilities Announces Monthly Dividend of $0.3606 per Share
Essential Utilities (WTRG) has declared a monthly dividend of $0.3606 per share, maintaining consistency with its previous payout levels. The distribution carries a forward yield of 10.53%. Shareholders of record as of November 10 will receive the payment on December 1. The company continues to focus on long-term growth, reaffirming an EPS growth target of 5% to 7% through 2027. This guidance is supported by a planned $1.7 billion infrastructure investment in 2026 and the anticipated closure of its merger with American Water in the first quarter of 2027.
Topics: dividends infrastructure spending mergers and acquisitions utility sector