Market Overview

Aqua America Declares 7 Percent Dividend Increase

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The Board of Directors of Aqua America (NYSE:WTR) declared a quarterly
cash dividend of $0.2190 per share today, payable Sept. 1, 2018 to all
shareholders of record on Aug. 17, 2018.

The September 2018 dividend will represent a $0.0143 increase, or 7.0
percent, compared to the $0.2047 cash dividend the company paid in June
of this year. This marks the 28th dividend increase in the
past 27 years, and the company has paid a consecutive quarterly cash
dividend for more than 73 years. Following the increase, the annualized
dividend rate will be $0.876 per share. The board's stated long-term
targeted dividend payout ratio continues to be in the range of 60 to 70
percent of earnings from operations.

"Our long history of paying consistent and growing dividends over the
last 27 years demonstrates our commitment to returning value to
shareholders," said Aqua America's Chairman and CEO Christopher
Franklin. "We are proud that our operational excellence and financial
strength have allowed us to deliver value to shareholders while
continuing to serve more customers and invest in infrastructure."

Aqua America is one of the largest U.S.-based, publicly traded water
utilities and serves nearly 3 million people in Pennsylvania, Ohio,
North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. Aqua
America is listed on the New York Stock Exchange under the ticker symbol
WTR. Visit AquaAmerica.com
for more information.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including, among
others: the Company's long-term targeted payout ratio. There are
important factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking statements
including: the company's continued ability to adapt itself for the
future and build value by fully optimizing company assets; general
economic business conditions; unfavorable weather conditions; the
success of certain cost containment initiatives; changes in regulations
or regulatory treatment; availability and access to capital; the cost of
capital; disruptions in the credit markets; the success of growth
initiatives; the company's ability to continue to deliver strong
results; the company's success in its Pennsylvania DSIC and rate
filings; and other factors discussed in our Annual Report on Form 10-K
and our Quarterly Report on Form 10-Q, which is filed with the
Securities and Exchange Commission. For more information regarding risks
and uncertainties associated with Aqua America's business, please refer
to Aqua America's annual, quarterly and other SEC filings. Aqua America
is not under any obligation -- and expressly disclaims any such
obligation -- to update or alter its forward-looking statements whether
as a result of new information, future events or otherwise.

WTRF

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