Declared Dividend • May 11
First quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 30th June 2026 Payment date: 15th July 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (61% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • May 06
The York Water Company announces Quarterly dividend, payable on July 15, 2026 The York Water Company announced Quarterly dividend of USD 0.2280 per share payable on July 15, 2026, ex-date on June 30, 2026 and record date on June 30, 2026. Buy Or Sell Opportunity • Mar 30
Now 21% overvalued Over the last 90 days, the stock has fallen 2.2% to €26.80. The fair value is estimated to be €22.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Aankondiging • Mar 23
The York Water Company, Annual General Meeting, May 04, 2026 The York Water Company, Annual General Meeting, May 04, 2026. Location: appell center for the performing arts, 50 north george street, pennsylvania 17401, york United States Buy Or Sell Opportunity • Mar 12
Now 22% overvalued Over the last 90 days, the stock has fallen 5.6% to €26.80. The fair value is estimated to be €22.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Reported Earnings • Mar 04
Full year 2025 earnings released: EPS: US$1.39 (vs US$1.42 in FY 2024) Full year 2025 results: EPS: US$1.39 (down from US$1.42 in FY 2024). Revenue: US$77.5m (up 3.4% from FY 2024). Net income: US$20.1m (down 1.3% from FY 2024). Profit margin: 26% (down from 27% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Feb 20
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 27 February 2026. Payment date: 15 April 2026. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.9%). Aankondiging • Feb 11
The York Water Company Announces Retirement of George W. Hodges from the Board of Directors and as A Member of the Executive Committee, Effective February 9, 2026 On February 9, 2026, George W. Hodges retired from the Board of Directors of The York Water Company pursuant to the Company's retirement policy. Mr. Hodges had been a director of the Company for over 25 years starting in June 2000. Mr. Hodges served as Chair of the Board from 2011 to 2021 and again from 2023 to 2025. On the date of his retirement, Mr. Hodges served as a member of the Executive Committee. Mr. Hodges will be designated as a Director Emeritus. Declared Dividend • Feb 01
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 27th February 2026 Payment date: 15th April 2026 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 2.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Dec 24
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (4.4%). Declared Dividend • Dec 01
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 31st December 2025 Payment date: 15th January 2026 Dividend yield will be 2.9%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 22% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 26
the York Water Company Declares Quarterly Dividend, Payable on January 15, 2026 The York Water Company announced that the Board of Directors at their November 24th meeting declared a quarterly dividend of $0.2280 per share, a 4% increase. The dividend is payable January 15, 2026, to shareholders as of record date December 31, 2025. Reported Earnings • Nov 06
Third quarter 2025 earnings released: EPS: US$0.43 (vs US$0.41 in 3Q 2024) Third quarter 2025 results: EPS: US$0.43 (up from US$0.41 in 3Q 2024). Revenue: US$20.4m (up 3.3% from 3Q 2024). Net income: US$6.20m (up 5.8% from 3Q 2024). Profit margin: 31% (in line with 3Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Aankondiging • Oct 31
The York Water Company Announces Retirement of Michael W. Gang, Esq. from the Board of Directors and a member of the Executive Committee, Effective October 29, 2025 On October 29, 2025, Michael W. Gang, Esq. retired from the Board of Directors of The York Water Company pursuant to the Company's retirement policy. Mr. Gang had been a director of the Company for 29 years starting in January 1996. On the date of his retirement, Mr. Gang served as a member of the Executive Committee. Mr. Gang will be designated as a Director Emeritus. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 30 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.8%). Declared Dividend • Sep 01
Second quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 30th September 2025 Payment date: 15th October 2025 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 11% over the next year, which should provide support to the dividend and adequate earnings cover. Aankondiging • Aug 29
The York Water Company Appoints William T. Yanavitch Ii as Independent Director Effective September 1, 2025 At its regularly scheduled meeting on August 25, 2025, the Board of Directors of The York Water Company appointed Mr. William T. Yanavitch II as a new independent director to the Board, effective September 1, 2025. Mr. Yanavitch is the owner of Yanavitch & Associates, LLC, a human resources consulting firm, and retired in December 2024 as the Chief Human Resources Officer for Kinsley Enterprises, a family owned company with interests in construction and real estate. He serves as a Director with the Commonwealth Fire Protection Company, KRB Machinery, DART America, and the Advisory Board for New Standard Corporation including serving as Chair of the Compensation Committee. Mr. Yanavitch was appointed to a class of directors with terms expiring at the 2026 Annual Meeting of Shareholders. Mr. Yanavitch will also be assigned to the Board’s Executive Committee. There is no arrangement or understanding between Mr. Yanavitch and any other person pursuant to which he was appointed as a director of the Company. Additionally, there is no transaction between Mr. Yanavitch and the Company that would require disclosure under Item 404(a) of Regulation S-K. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: US$0.35 (vs US$0.35 in 2Q 2024) Second quarter 2025 results: EPS: US$0.35 (up from US$0.35 in 2Q 2024). Revenue: US$19.2m (up 2.4% from 2Q 2024). Net income: US$5.05m (up 1.2% from 2Q 2024). Profit margin: 26% (in line with 2Q 2024). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 30
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to €26.40. The fair value is estimated to be €21.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 4.2%. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 15 July 2025. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.7%). Declared Dividend • May 12
First quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 30th June 2025 Payment date: 15th July 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (63% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.0% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: US$0.25 (vs US$0.30 in 1Q 2024) First quarter 2025 results: EPS: US$0.25 (down from US$0.30 in 1Q 2024). Revenue: US$18.5m (up 4.7% from 1Q 2024). Net income: US$3.64m (down 16% from 1Q 2024). Profit margin: 20% (down from 25% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Mar 24
The York Water Company, Annual General Meeting, May 05, 2025 The York Water Company, Annual General Meeting, May 05, 2025. Location: at the appell center for the performing arts, 50 north george street, pennsylvania 17401, york United States Reported Earnings • Mar 05
Full year 2024 earnings released: EPS: US$1.42 (vs US$1.66 in FY 2023) Full year 2024 results: EPS: US$1.42 (down from US$1.66 in FY 2023). Revenue: US$75.0m (up 5.5% from FY 2023). Net income: US$20.3m (down 14% from FY 2023). Profit margin: 27% (down from 33% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 28 February 2025. Payment date: 15 April 2025. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.3%). Declared Dividend • Feb 03
Third quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 28th February 2025 Payment date: 15th April 2025 Dividend yield will be 2.7%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Dec 25
Upcoming dividend of US$0.22 per share Eligible shareholders must have bought the stock before 31 December 2024. Payment date: 15 January 2025. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.0%). Declared Dividend • Dec 02
Third quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 31st December 2024 Payment date: 15th January 2025 Dividend yield will be 2.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 3.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.9% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.41 (vs US$0.53 in 3Q 2023) Third quarter 2024 results: EPS: US$0.41 (down from US$0.53 in 3Q 2023). Revenue: US$19.7m (up 5.1% from 3Q 2023). Net income: US$5.86m (down 23% from 3Q 2023). Profit margin: 30% (down from 40% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Aankondiging • Oct 07
The York Water Company Announces Retirement of Ernest J. Waters from Board of Directors On October 5, 2024, Ernest J. Waters retired from the Board of Directors of The York Water Company pursuant to the Company's retirement policy. Mr. Waters had been a director of the Company for 17 years starting in September 2007. On the date of his retirement, Mr. Waters served as a member of the Audit Committee. Mr. Waters will be designated as a Director Emeritus. Upcoming Dividend • Sep 23
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 30 September 2024. Payment date: 15 October 2024. Payout ratio is a comfortable 52% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.8%). Declared Dividend • Sep 02
Second quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 30th September 2024 Payment date: 15th October 2024 Dividend yield will be 2.3%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 1.7% over the next year. However, it would need to fall by 42% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: US$0.35 (vs US$0.46 in 2Q 2023) Second quarter 2024 results: EPS: US$0.35 (down from US$0.46 in 2Q 2023). Revenue: US$18.8m (flat on 2Q 2023). Net income: US$4.99m (down 24% from 2Q 2023). Profit margin: 27% (down from 35% in 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • May 13
First quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 28th June 2024 Payment date: 15th July 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$0.30 (vs US$0.26 in 1Q 2023) First quarter 2024 results: EPS: US$0.30 (up from US$0.26 in 1Q 2023). Revenue: US$17.6m (up 14% from 1Q 2023). Net income: US$4.33m (up 19% from 1Q 2023). Profit margin: 25% (in line with 1Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Mar 23
The York Water Company, Annual General Meeting, May 06, 2024 The York Water Company, Annual General Meeting, May 06, 2024, at 13:00 US Eastern Standard Time. Location: The Appell Center for the Performing Arts 50 North George Street, York, Pennsylvania 17401 York United States Agenda: To elect four Directors to three-year terms of office; To ratify the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024; To provide an advisory vote to approve the executive compensation of the Company’s named executive officers; To transact such other business as may properly come before the meeting. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: US$1.66 (vs US$1.40 in FY 2022) Full year 2023 results: EPS: US$1.66 (up from US$1.40 in FY 2022). Revenue: US$71.0m (up 18% from FY 2022). Net income: US$23.8m (up 21% from FY 2022). Profit margin: 33% (in line with FY 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Aankondiging • Feb 28
The York Water Company announced that it has received $40 million in funding The York Water Company announced that it has entered into Note Purchase Agreement with certain institutional investors for the aggregate principal amount of $40 million on February 27, 2024. The company issued 5.67% Senior Notes due February 27, 2054. The private placement of the Notes is exempt from registration under the Securities Act of 1933, as amended. Interest on the Notes will be payable semi-annually on August 27 and February 27 of each year. The Notes will be unsecured and unsubordinated obligations of the Company, ranking pari passu in all respects with the Company’s existing and future unsecured and unsubordinated indebtedness. The Note Purchase Agreement provides that if any subsidiary of the Company guarantees or otherwise becomes liable for the Company’s obligations under a material credit facility, the subsidiary will provide a guaranty of payment of the Notes and compliance with the Note Purchase Agreement. The Notes are callable by the Company at any time, in whole or in part, at a price equal to the principal amount of the Notes to be prepaid, plus the make-whole amount determined for the prepayment date with respect to such principal amount. The make-whole amount is the excess, if any, of the discounted value of the remaining scheduled payments with respect to the called principal of the Notes over the amount of such called principal, such discounted value to be determined using a discount factor equal to the yield on the U.S. Treasury obligation having a final maturity corresponding to the remaining average life of the called principal of the Notes plus 50 basis points. A t any time on or after August 27, 2053 the Company may, at its option, prepay all or any part of the Notes at 100% of the principal amount, together with accrued interest to the prepayment date. If a change in control occurs, the Company must offer to prepay the Notes at par plus accrued interest, but without any make-whole amount or other premium. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.21 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (4.5%). Declared Dividend • Feb 05
Third quarter dividend of US$0.21 announced Shareholders will receive a dividend of US$0.21. Ex-date: 28th February 2024 Payment date: 15th April 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 4.8% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Dec 21
Upcoming dividend of US$0.21 per share at 2.2% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 16 January 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.2%). Reported Earnings • Nov 05
Third quarter 2023 earnings released: EPS: US$0.53 (vs US$0.40 in 3Q 2022) Third quarter 2023 results: EPS: US$0.53 (up from US$0.40 in 3Q 2022). Revenue: US$18.8m (up 19% from 3Q 2022). Net income: US$7.57m (up 33% from 3Q 2022). Profit margin: 40% (up from 36% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Nov 04
The York Water Company (NasdaqGS:YORW) acquired Water assets & wastewater collection & treatment assets of Conewago Industrial Park Water & Sewer co for $0.57 million. The York Water Company (NasdaqGS:YORW) acquired Water assets & wastewater collection & treatment assets of Conewago Industrial Park Water & Sewer company for $0.57 million on October 12, 2023.The York Water Company (NasdaqGS:YORW) completed the acquisition of Water assets & wastewater collection & treatment assets of Conewago Industrial Park Water & Sewer company on October 12, 2023. Upcoming Dividend • Sep 21
Upcoming dividend of US$0.20 per share at 2.1% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 16 October 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.5%). Aankondiging • Sep 02
The York Water Company Appoints Douglas S. Brossman to the Board of Director At its regularly scheduled meeting on August 28, 2023, the Board of Directors of The York Water Company appointed Mr. Douglas S. Brossman as a new director to the Board, effective September 1, 2023. Mr. Brossman is currently a director and Vice Chair of Burnham Holdings Inc. where he previously served as the Chief Executive Officer, and also a director of High Industries Inc. and High Real Estate Group, LLC. He was appointed to a class of directors with terms expiring at the 2024 Annual Meeting of Shareholders. Mr. Brossman will also be assigned to the Board’s Compensation Committee. There is no arrangement or understanding between Mr. Brossman and any other person pursuant to which he was appointed as a director of the Company. Aankondiging • Aug 30
George Hay Kain III Retires from the Board of The York Water Company On August 27, 2023, George Hay Kain III retired from the Board of Directors of The York Water Company pursuant to the Company's retirement policy. Mr. Kain had been a director of the Company for 37 years starting in August 1986. On the date of his retirement, Mr. Kain served as a member of the Compensation Committee. Mr. Kain will be designated as a Director Emeritus. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.45 (vs US$0.35 in 2Q 2022) Second quarter 2023 results: EPS: US$0.45 (up from US$0.35 in 2Q 2022). Revenue: US$18.8m (up 26% from 2Q 2022). Net income: US$6.52m (up 30% from 2Q 2022). Profit margin: 35% (in line with 2Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Aankondiging • Jul 14
TThe York Water Company Announces Board and Committee Changes On July 11, 2023, Cynthia A. Dotzel tendered her resignation from the Board of Directors of The York Water Company effective immediately. Ms. Dotzel's resignation was not the result of any disagreement relating to the Company’s policies, operations, or practices. On the date of her resignation, Ms. Dotzel served as a member of the Executive Committee. Ms. Dotzel served as the Chair of the Board of Directors from May 3, 2021 through May 1, 2023, at which time she stepped down as Chair. The Board of Directors appointed George W. Hodges to succeed Ms. Dotzel. Upcoming Dividend • Jun 23
Upcoming dividend of US$0.20 per share at 1.9% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.3%). Aankondiging • May 20
The York Water Company Announces the Resignation of Mark A. Wheeler as Chief Operating Officer and Secretary, Effective June 9, 2023 The York Water Company announced that on May 17, 2023, Mark A. Wheeler resigned his position as Chief Operating Officer and Secretary effective June 9, 2023. Mr. Wheeler’s resignation was not the result of any disagreement relating to the Company’s policies, operations, or practices. Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 7 highly experienced directors. Independent Director Paul Bonney was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: US$1.40 (vs US$1.30 in FY 2021) Full year 2022 results: EPS: US$1.40 (up from US$1.30 in FY 2021). Revenue: US$60.1m (up 9.0% from FY 2021). Net income: US$19.6m (up 15% from FY 2021). Profit margin: 33% (up from 31% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 5% per year and the company’s share price has also increased by 5% per year. Upcoming Dividend • Feb 20
Upcoming dividend of US$0.20 per share at 1.8% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%). Aankondiging • Jan 06
The York Water Company, Annual General Meeting, May 01, 2023 The York Water Company, Annual General Meeting, May 01, 2023. Upcoming Dividend • Dec 22
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 17 January 2023. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.2%). Aankondiging • Nov 23
The York Water Company Declares A Quarterly Dividend, Payable on January 17, 2023 The York Water Company's announced that the Board of Directors at their November 21st meeting declared a quarterly dividend of $0.2027 per share, a 4% increase. The dividend is payable January 17, 2023, to shareholders as of record date December 30, 2022. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$0.40 (vs US$0.37 in 3Q 2021) Third quarter 2022 results: EPS: US$0.40 (up from US$0.37 in 3Q 2021). Revenue: US$15.8m (up 9.0% from 3Q 2021). Net income: US$5.68m (up 19% from 3Q 2021). Profit margin: 36% (up from 33% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Global Water Utilities industry. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Sep 22
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%). Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.34 in 2Q 2021) Second quarter 2022 results: EPS: US$0.36 (up from US$0.34 in 2Q 2021). Revenue: US$14.9m (up 8.0% from 2Q 2021). Net income: US$5.03m (up 12% from 2Q 2021). Profit margin: 34% (up from 33% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.5%, compared to a 6.5% growth forecast for the industry in Germany. Upcoming Dividend • Jun 22
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (4.0%). Reported Earnings • May 04
First quarter 2022 earnings released: EPS: US$0.29 (vs US$0.28 in 1Q 2021) First quarter 2022 results: EPS: US$0.29 (up from US$0.28 in 1Q 2021). Revenue: US$14.2m (up 8.9% from 1Q 2021). Net income: US$3.86m (up 4.2% from 1Q 2021). Profit margin: 27% (down from 28% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.8%, compared to a 5.4% growth forecast for the industry in Germany. Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.30 (up from US$1.27 in FY 2020). Revenue: US$55.1m (up 2.4% from FY 2020). Net income: US$17.0m (up 2.3% from FY 2020). Profit margin: 31% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.4%, compared to a 3.4% growth forecast for the industry in Germany. Upcoming Dividend • Feb 18
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 25 February 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.6%). Aankondiging • Jan 05
The York Water Company (NasdaqGS:YORW) completed the acquisition of wastewater collection assets of West Manheim Township in York County, Pennsylvania. The York Water Company (NasdaqGS:YORW) signed an agreement to acquire wastewater collection assets of West Manheim Township in York County, Pennsylvania on March 4, 2019. With the acquisition, The York Water Company will add approximately 1,800 wastewater customers. Completion of the acquisition is contingent upon receiving approval from all required regulatory authorities. Closing is expected in the first quarter of 2020. As of November 6, 2020, the deal is expected to close in 2021.
The York Water Company (NasdaqGS:YORW) completed the acquisition of wastewater collection assets of West Manheim Township in York County, Pennsylvania on January 3, 2022. Nearly 1,900 wastewater customers will be added to The York Water Company's growing wastewater portfolio. Upcoming Dividend • Dec 23
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (3.5%). Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS US$0.36 (vs US$0.36 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$14.5m (up 1.7% from 3Q 2020). Net income: US$4.79m (up 1.9% from 3Q 2020). Profit margin: 33% (in line with 3Q 2020). Upcoming Dividend • Sep 22
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 15 October 2021. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%). Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.35 (vs US$0.32 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$13.8m (up 3.6% from 2Q 2020). Net income: US$4.48m (up 7.2% from 2Q 2020). Profit margin: 33% (up from 31% in 2Q 2020). The increase in margin was driven by higher revenue. Upcoming Dividend • Jun 22
Upcoming dividend of US$0.19 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 15 July 2021. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.5%). Reported Earnings • May 05
First quarter 2021 earnings released: EPS US$0.28 (vs US$0.31 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: US$13.1m (up 1.6% from 1Q 2020). Net income: US$3.71m (down 7.4% from 1Q 2020). Profit margin: 28% (down from 31% in 1Q 2020). The decrease in margin was driven by higher expenses. Aankondiging • Mar 20
The York Water Company, Annual General Meeting, May 03, 2021 The York Water Company, Annual General Meeting, May 03, 2021, at 13:00 Eastern Daylight. Agenda: To elect four (4) directors to three-year terms of office; to ratify the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021; and to transact such other business as may properly come before the meeting. Reported Earnings • Mar 11
Full year 2020 earnings released: EPS US$1.27 (vs US$1.11 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$53.9m (up 4.4% from FY 2019). Net income: US$16.6m (up 15% from FY 2019). Profit margin: 31% (up from 28% in FY 2019). Analyst Estimate Surprise Post Earnings • Mar 11
Revenue misses expectations Revenue missed analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 4.0%, compared to a 6.5% growth forecast for the Water Utilities industry in Germany. Is New 90 Day High Low • Feb 26
New 90-day low: €34.40 The company is down 10.0% from its price of €38.20 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 5.0% over the same period. Upcoming Dividend • Feb 18
Upcoming Dividend of US$0.19 Per Share Will be paid on the 15th of April to those who are registered shareholders by the 25th of February. The trailing yield of 1.7% is below the top quartile of German dividend payers (3.4%), and is lower than industry peers (4.6%). Is New 90 Day High Low • Jan 29
New 90-day low: €35.40 The company is down 1.0% from its price of €35.60 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is up 2.0% over the same period. Aankondiging • Jan 28
The York Water Company(NasdaqGS:YORW) dropped from Russell 2000 Value-Defensive Index The York Water Company(NasdaqGS:YORW) dropped from Russell 2000 Value-Defensive Index Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 3.8%, compared to a 6.9% growth forecast for the Water Utilities industry in Germany. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS US$0.36 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: US$14.3m (up 4.2% from 3Q 2019). Net income: US$4.70m (up 4.9% from 3Q 2019). Profit margin: 33% (in line with 3Q 2019). Aankondiging • Oct 03
The York Water Company announced that it has received $30 million in funding The York Water Company (NasdaqGS:YORW) announced that it has entered into a purchase agreement with institutional investors for the private placement of senior unsecured unsubordinated notes for the gross proceeds of $30 million on September 30, 2020. The notes will bear an interest of 3.24% payable semi-annually on March 30 and September 30 of each year. The notes are due on September 30, 2050. The notes will be issued at par. The notes are callable by the company at any time, in whole or in part, at a price equal to the principal amount of the notes to be prepaid, plus the make-whole amount determined for the prepayment date with respect to such principal amount. Aankondiging • Oct 01
The York Water Company (NasdaqGS:YORW) acquired Letterkenny Township Municipal Authority wastewater system from Letterkenny Township Pennsylvania SCHOOL District. The York Water Company (NasdaqGS:YORW) acquired Letterkenny Township Municipal Authority wastewater system from Letterkenny Township Pennsylvania SCHOOL District recently. As part of the deal, the utility company will also be working with the state Department of Environmental Protection to settle on an issue regarding a potential consent order from the department related to the wastewater treatment plant. Is New 90 Day High Low • Sep 18
New 90-day low: €35.80 The company is down 13% from its price of €41.00 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €12.52 per share. Aankondiging • Jul 31
The York Water Company (NasdaqGS:YORW) completed the acquisition of wastewater collection and treatment assets of Felton Borough in York County. The York Water Company (NasdaqGS:YORW) signed an agreement to acquire wastewater collection and treatment assets of Felton Borough in York County on December 28, 2018. The transaction is subject to regulatory approvals. The transaction is expected to close in 2019 at which time the Company will add approximately 130 wastewater customers. As on August 2, 2019, The transaction is expected to close in 2020 at which time the Company will add approximately 130 wastewater customers. Ronald L. Hershner, Esquire of Stock and Leader, LLP acted as legal advisor to The York Water Company.
The York Water Company (NasdaqGS:YORW) completed the acquisition of wastewater collection and treatment assets of Felton Borough in York County on April 16, 2020.