2024-04-03 07:00:00 ET
Summary
- York Water extended its streak of paying uninterrupted dividends to 208 years in 2023.
- The water utility's operating revenue and diluted EPS grew at healthy clips during the fourth quarter.
- York Water enjoys an A- credit rating from S&P on a stable outlook.
- Shares of the water utility could be priced at a 25% discount to fair value.
- York Water could generate robust returns in the next couple of years and match the S&P over the coming 10 years.
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York Water: Buy Now For Dividend Growth And Stability