Recently, Essential Utilities (NYSE: WTRG) announced a quarterly cash dividend of $0.343 per share, slated for distribution on Sept 2, 2025. This marks a notable increase of 5.25% compared to the previous dividend of $0.326 per share, paid on Jun 2, 2025. The ex-dividend date for this payout is Aug 12, 2025. With the average of the last ten dividends per share being approximately $0.219, this latest dividend is higher, showcasing the company's consistent growth in shareholder returns. The dividend type remains as cash dividend, underlining the company's commitment to rewarding its investors.
Over the past week, Essential Utilities has been the subject of several significant developments. Analysts recently raised the price target for Essential Utilities, highlighting confidence in its performance and future prospects. Additionally, the company issued $500 million in Senior Notes due 2035, reflecting its robust financial strategy and commitment to long-term growth and stability. This move was underwritten by major securities firms and successfully closed on Aug 7, 2025, emphasizing the company's solid financial foundation and strategic foresight.
Furthermore, Raiffeisen Bank International AG significantly decreased its holdings in Essential Utilities by 94.6% during the first quarter. This notable reduction could influence market perceptions and investor sentiment, adding a layer of complexity to the investment landscape surrounding the company. Such changes in institutional holdings are crucial for investors to monitor, as they can impact stock performance and market dynamics.
In conclusion, Essential Utilities continues to demonstrate strong financial health and strategic initiatives, making it an attractive prospect for investors. The upcoming ex-dividend date on Aug 12, 2025, is critical, as it marks the last opportunity for investors to purchase shares and receive the dividend. Any acquisitions made after this date will not qualify for the current dividend distribution, underscoring the importance of timely investment decisions.
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