Company: Essential Utilities Inc. (WTRG)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Essential Utilities is a Pennsylvania-based holding company for us water, wastewater, and natural gas distribution utilities. The company’s water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 740,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses. -Morningstar.com-
Symbol: WTRG
Recent Price: $39.95
Dividends: $1.23
Yield: 3.08%
Sector: Utilities
Industry: Utilities-Regulated Water
Address & Company Phone #: 762 W. Lancaster Ave. Bryn Mawr PA 19010-3489, 610-527-8000
Transfer Agent: Computershare 800-205-8314
Moody’s Rating: NR
Minimum & Maximum Investment: $50 – $250,000/year
Investment Dates: Every Tues./Fri. days beginning Tuesday
Shares to Qualify: 1 Share or $500
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $43.26, $32.07