The York Water Company·Utilities

YORK, Pa., April 17, 2026 (GLOBE NEWSWIRE) -- The York Water Company (“York Water” or the “Company”) (NASDAQ: YORW), a provider of water and wastewater utility services, announced today the closing of its previously-announced public offering of 1,521,739 shares of its common stock at a price to the public of $28.50 per share. The net proceeds to York Water from the offering, after deducting the underwriting discounts and commissions and other offering expenses, are approximately $41.4 million.

York Water is issuing new shares, and investors aren't happy with that. This water giant, however, is a top dividend-paying stock, and is now trading at an attractive price.

YORK, Pa., April 16, 2026 (GLOBE NEWSWIRE) -- The York Water Company (“York Water” or the “Company”) (NASDAQ: YORW), a provider of water and wastewater utility services, announced today the pricing of its previously announced underwritten public offering of common stock. York Water priced an offering of 1,521,739 shares of its common stock at a price to the public of $28.50 per share. The aggregate gross proceeds from the offering are expected to be approximately $43 million, before deducting underwriting discounts and commissions payable by York Water. York Water has granted the underwriters a 30-day option to purchase up to 228,261 additional shares of its common stock at the public offering price, less underwriting discounts and commissions.

York Water Company offers unmatched dividend reliability, having paid uninterrupted dividends since 1816 and serving as the nation's oldest investor-owned utility. YORW is executing a $145 million capital plan through 2027, driving customer growth, infrastructure upgrades, and regulatory compliance, supporting robust EPS and dividend growth forecasts. Shares trade at a forward PE of 18.8, representing a 22% discount to a fair value PE of 24, with a potential 32% upside through March 2027 if growth and re-rating materialize.

Buying and holding high-quality dividend stocks has been among the best long-term investment strategies on Wall Street. Elite dividend stocks are hard to come by, with only around two dozen public companies having paid a continuous dividend for at least 100 years.

With the CBOE Volatility Index (VIX) sitting at 25.50 and up 34.9% over the past month, investors are increasingly rotating toward names that offer stability, predictable income, and low correlation to broader market swings.
The York Water Company impounds, purifies, and distributes drinking water. It owns and operates three wastewater collection systems; five wastewater collection and treatment systems; and two reservoirs, including Lake Williams and Lake Redman, which hold approximately 2.2 billion gallons of water. The company also operates a 15-mile pipeline from the Susquehanna River to Lake Redman; and owns nine groundwater wells that supply water to customers in the Adams County. It serves customers in the fixtures and furniture, electrical machinery, food products, paper, ordnance units, textile products, air conditioning systems, laundry detergents, barbells, and motorcycle industries in 51 municipalities within three counties in south-central Pennsylvania. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania.
Utilities
Regulated Water
127
1999-05-03
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