Essential Utilities Dividend
Dividend criteria checks 4/6
Essential Utilities is a dividend paying company with a current yield of 3.56% that is well covered by earnings. Next payment date is on 1st June, 2024 with an ex-dividend date of 9th May, 2024.
Key information
3.6%
Dividend yield
64%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | 01 Jun 24 |
| Ex dividend date | 09 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.82 |
| Dividend yield forecast in 3Y | 4.2% |
Recent dividend updates
Recent updates
Pinning Down Essential Utilities, Inc.'s (NYSE:WTRG) P/E Is Difficult Right Now
Apr 15
Essential Utilities (NYSE:WTRG) Use Of Debt Could Be Considered Risky
Apr 01Essential Utilities: A High-Quality Dividend Grower To Buy At A Discount
Mar 29Essential Utilities (NYSE:WTRG) Has Some Way To Go To Become A Multi-Bagger
Mar 19Earnings Report: Essential Utilities, Inc. Missed Revenue Estimates By 11%
Mar 03Should You Investigate Essential Utilities, Inc. (NYSE:WTRG) At US$36.80?
Jan 30Risks To Shareholder Returns Are Elevated At These Prices For Essential Utilities, Inc. (NYSE:WTRG)
Jan 03Calculating The Intrinsic Value Of Essential Utilities, Inc. (NYSE:WTRG)
Dec 18Essential Utilities: A Cheap Pick For Steady Dividend Growth
Dec 08Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
Dec 01Essential Utilities: Buy This Cheap, Ultra SWAN Dividend Stock
Oct 06Calculating The Fair Value Of Essential Utilities, Inc. (NYSE:WTRG)
Sep 12These 4 Measures Indicate That Essential Utilities (NYSE:WTRG) Is Using Debt Extensively
Aug 22Essential Utilities (NYSE:WTRG) Is Increasing Its Dividend To $0.3071
Aug 05Essential Utilities: Low Risk, Likely No Reward
Aug 02Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
May 19Should You Be Adding Essential Utilities (NYSE:WTRG) To Your Watchlist Today?
Apr 13Essential Utilities declares $0.287 dividend
Feb 22Does Essential Utilities (NYSE:WTRG) Have A Healthy Balance Sheet?
Feb 08Essential Utilities: Shares Remain Expensive After A Q4 Bounce
Jan 13Should You Be Adding Essential Utilities (NYSE:WTRG) To Your Watchlist Today?
Jan 03Essential Utilities declares $0.287 dividend
Dec 07Essential Utilities Q3 2022 Earnings Preview
Nov 04Essential Utilities declares $0.287 dividend
Oct 26Here's Why Essential Utilities (NYSE:WTRG) Has A Meaningful Debt Burden
Oct 26Essential Utilities, Inc. (NYSE:WTRG) Shares Could Be 28% Above Their Intrinsic Value Estimate
Sep 20Essential Utilities: Don't Make This An Essential Part Of A Value Portfolio
Sep 15Essential Utilities raises dividend 7% to $0.287/share
Aug 02We Think Essential Utilities (NYSE:WTRG) Is Taking Some Risk With Its Debt
Jul 28Essential Utilities: Despite The Upcoming Dividend Hike, Wait For A Correction
Jun 29Essential Utilities, Inc.'s (NYSE:WTRG) Intrinsic Value Is Potentially 25% Below Its Share Price
Jun 11Should You Be Adding Essential Utilities (NYSE:WTRG) To Your Watchlist Today?
May 28Selling My Essential Utilities Position
Apr 18Essential Utilities (NYSE:WTRG) Takes On Some Risk With Its Use Of Debt
Apr 13With EPS Growth And More, Essential Utilities (NYSE:WTRG) Is Interesting
Feb 24Essential Utilities Not A Portfolio Essential
Feb 02Essential Utilities (NYSE:WTRG) Has A Somewhat Strained Balance Sheet
Jan 06Essential Utilities: Low Risk In The Long Term
Dec 07Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WTRG's dividends per share have been stable in the past 10 years.
Growing Dividend: WTRG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Essential Utilities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WTRG) | 3.6% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Water Utilities) | 2.8% |
| Analyst forecast in 3 Years (WTRG) | 4.2% |
Notable Dividend: WTRG's dividend (3.56%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: WTRG's dividend (3.56%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.7%), WTRG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: WTRG is paying a dividend but the company has no free cash flows.