Market Overview

The York Water Company Declares an Increased Dividend

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YORK, Pa., Nov. 26, 2019 (GLOBE NEWSWIRE) -- The York Water Company's (NASDAQ:YORW) President and CEO, Jeffrey R. Hines, announced today that the Board of Directors at their November 25th meeting declared a quarterly dividend of $0.1802 per share, a 4% increase. The dividend is payable January 15, 2020 to shareholders as of record date December 31, 2019.

This is the 596th consecutive dividend to be paid by The York Water Company and is the twenty-third consecutive year that the Company has increased its dividend. York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years. This is believed to be the longest record of consecutive dividends in America.

This release contains forward-looking statements that are subject to various risks and uncertainties.  A discussion of factors that may cause actual results to differ from management's projections, forecasts, estimates and expectations is available in the Company filings with the SEC. Those factors may include changes in general economic conditions, increases in costs, changes in regulation and other factors.  The Company undertakes no obligation to update forward looking statements to reflect changes occurring after the date hereof.

Contact:
Jeffrey R. Hines, President & CEO
jeffh@yorkwater.com   
 
or

Matthew E. Poff, Chief Financial Officer
matthewp@yorkwater.com

Phone:717-845-3601

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